The BDC Reporter previews at the market open what we’re working on for Wednesday March 31, 2021.
The BDC Reporter previews at the market open what we’re working on for Tuesday March 30, 2021.
The BDC Reporter previews at the market open what we’re working on for Monday March 29, 2021.
The much anticipated merger of the two Oaktree-managed BDCs has been agreed upon by their shareholders.
The BDC Reporter summarizes the Owl Rock Capital IVQ 2020 results and explains why performance was only FAIR.
Golub Capital reports IVQ 2020 results very much in line with its own preliminary metrics. The BDC Reporter, though, has questions about liquidity and the dividend outlook.
A former portfolio company of TriplePoint Venture Growth has just filed Chapter 11, and therein hangs an interesting credit story.
Main Street Capital offers up some preliminary metrics about one of its 3 investing segments. Unfortunately, the data leaves the BDC Reporter with more questions than answers.
Breaking News: Newtek Business Services is preparing to issue a new Baby Bond. This might mean early redemption for holders of one of the BDC’s existing Baby Bonds.
We share an article from the BDC Credit reporter about a Stellus Capital portfolio company that has filed Chapter 11.
Another day, another BDC Baby Bond slated for early redemption. Stellus Capital is preparing to refinance its public Baby Bond. We review what a draft prospectus tells us.
Medley Capital is changing how the BDC is managed and named. We discuss the details and offer up some strong opinions about what’s happening here.
TriplePoint Venture Growth announces a special distribution for 2020. The BDC Reporter takes the opportunity to review the BDC’s gains and losses in 2020 and to predict what 2021 might bring.
TriplePoint Venture Growth extends and expands its Revolver. The BDC Reporter discusses the broader implications of this routine move.
As expected, Barings BDC does not intend to hold onto MVC Capital’s only Baby Bond (MVCD) once MVC Capital has been acquired. We learn what Barings has in mind for MVCD, which includes a little surprise.
We review Capital Southwest’s latest change to its Revolver and the implications for the BDC’s balance sheet going forward.
Before we review Owl Rock Capital’s latest debt offering, we’re offering up a brief review of the IIIQ 2020 results.
The Medley story adds another twist, with an unexpected switch to internal management beginning in the new year. We offer some analysis but no definitive answers.
Newtek Business has announced its IVQ 2020 dividend, bringing its annual total below what the BDC Reporter and the BDC itself had initially hoped for.
In a not unexpected move, Great Elm Capital takes a hatchet to its distribution, but switches the payout back to cash from mostly in stock. However, can even the new lower distribution be maintained ?
