We are at the halfway mark for 2023 and BDC sector prices are performing pretty well. We review a number of metrics and look through to the end of the year.
The BDC rally came to a halt after many weeks as investors across all markets had a re-think. Long term, though, the same old questions remain.
All the markets continue to rally, including the BDC sector. However, the most recent BDC metrics are underwhelming, as we show in this week’s Recap. We also offer the BDC Reporter’s skepticism that these days of wine and roses can last and explain why.
We review Trinity Capital’s latest dividend increase and share BDC Best Ideas short and long term payout projections for this relatively new public BDC venture-lender.
The BDC sector – and everything else – is in rally mode for yet another week. We review our regular metrics. However, we also add many words of caution to those who might believe that only wine and roses lays ahead, and give our reasons why.
We summarize the multiple credit developments that occurred amongst BDC-financed companies in the week ended June 2, 2023.
Now that the debt limit has been increased, the BDC sector is rallying again. However, there are some familiar challenges up ahead…
Using an article in the FT about a rise in corporate bankruptcies as a starting point, the BDC Reporter offers our view as to whether we are headed into a credit crisis.
The markets were not deterred by gridlock in Washington about the debt ceiling. The BDC sector came to the end of first quarter earnings season relatively optimistic on the back of record earnings, with more growth to come. Is a return to rally mode next?
Check out all the BDC-related stories from all three magazines published by BDC Publications, LLC: BDC Reporter, BDC Credit Reporter and BDC Best Ideas. We also offer a Search function to help you find anything you need amongst the hundreds of articles that have accumulated this year alone.
With the macro picture still bleak, BDC prices nevertheless moved up this week. Whether this is a flash-in-the-pan or the beginning of a rally is not yet clear, but long term the outlook – in the eyes of the BDC Reporter – is clear-cut.
We use the opportunity of an article in Bloomberg about a spate of recent bankruptcies to cool the rhetoric about what is happening in credit – especially where public BDCs are concerned.
Despite a robust earnings season, BDC sector prices continue to disappoint – a phenomenon now over a year old. To provide perspective we review how BDC prices have fared in the historical short, medium and long term and peer – as best we can – into what lies ahead.
BDC investors – after a fortnight of indecision – voted with their feet, causing a broad-based drop in prices. We review the numbers and offer a dark guess at what comes next.
Another quiet week for BDC prices, continuing a lull that began after the Silicon Valley Bank failure. Will the apparent closure of Republic Bank roil prices again going forward ?
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 ?
There was a little break in the clouds overhanging the BDC sector this week. We run the numbers and provide a wider perspective.
A compendium of all the BDC news for the week.
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.
