There were multiple credit developments affecting BDC-financed companies including two infamous bankruptcies but also a successful restructuring. We provide many high level details while preparing for even more credit setbacks ahead.
All continues to be quiet on the BDC price front for yet another week. Even the news flow is slow. Will BDC earnings season – just a week away -bring about a change in what has been an up and down year so far ?
Main Street promises IQ 2023 results that exceed all prior periods, including analyst expectations where key metrics are concerned. We compare and contrast the numbers and review the recent impact on the popular BDC’s stock price.
First we review the latest BDC credit developments for the week and next we consider some of the latest statistics about bankruptcies as reported by the WSJ.
There was a little break in the clouds overhanging the BDC sector this week. We run the numbers and provide a wider perspective.
Saratoga Investment has just raised new unsecured debt in the public markets. We discuss leverage, interest expense and fairness.
We undertake a deep-dive into both Gladstone Capital and Gladstone Investment’s latest dividend announcements, their payout trends and the factors which affect them.
A compendium of all the BDC news for the week.
One of the largest BDCs reveals its recent investment activity. Will that bring investors back ?
With the BDC Credit Table up to date, we review several timely developments borrowed from the BDC Credit Reporter’s latest research.
BDC sector prices slumped back in a holiday-shortened week as questions about the direction of the economy continue to swirl. The BDC Reporter highlights what key factor will determine the sector’s success or failure this year.
With everyone anxious about what might be happening in the venture-backed sector, we’ve undertaken a deeper-than-usual dive into Runway Growth’s investment activity for the IQ 2023, and just released.
We use the opportunity of two recent BDC announcements to analyze what might be coming in 2023 and beyond in terms of the form and level of payouts to BDC shareholders. How this plays out could impact BDC stock prices and shareholder returns for years.
Fitch gives Hercules Capital a thumbs up.
This is the first week of the IIQ 2023 and the BDC Reporter curates and comments on all BDC-related news.
Is the BDC sector on the edge of a credit cliff ? We seek to address the issue by analyzing a new report on U.S. bankruptcies and drawing on our own BDC data.
BDC investors crept back into the market in the last week of the quarter. We analyze how BDC prices have moved in this volatile quarter and offer both a Goldilocks and Bear case for the the future.
The venture sector is all over the headlines these days. We’ve got multiple news items to review affecting the BDC lenders involved in this corner of the market.
It’s the last week of what has been a topsy turvy first quarter of 2023.
Hot off The Presses. The leading venture-debt BDC is hooking up with a large asset manager to finance “venture and growth stage” companies. We discuss the implications.