Ares Capital has held its IIIQ 2022 conference call. The BDC Reporter found much to say about the transcript of the meeting.
The major indices shot up on Tuesday but the BDC sector went one better on the first day of BDC earnings season, and we think we know why.
Everything is coming up roses where the major indices and the BDC sector are concerned on the first day of the week. BDC Fixed Income prices are also on the rise, even as yields inch higher. Tomorrow BDC earnings season begins…
Surprisingly M&A activity continues to be strong in the IVQ 2022. We discuss the implications for the BDC sector.
The BDC Reporter and BDC Credit Reporter collaborate on an in-depth review of First Eagle Alternative Capital’s underperforming companies.
Another dismal day for all the major indices, the BDC sector and for BDC Fixed Income where prices are concerned.
The final terms of Saratoga Investment’s new Baby Bond offering are released. We analyze and explain why the issuance of this new Baby Bond is important.
In a rare occurrence, we learn about a new investment made by tiny public BDC PhenixFin Corporation.
We re-publish a BDC Credit Reporter article about one of First Eagle Alternative Capital’s troubled portfolio companies, soon to be absorbed by Crescent Capital.
Saratoga Investment is to book a realized gain on the sale of a portfolio company.
Hercules Capital continues a multi-quarter, multi-year record of increasing its payouts to shareholders. We review the latest news and the recent numbers.
As recently promised, SLR Investment is setting up a joint venture with a financial partner to invest in loans. We review what details are, and are not, available.
Check out the latest BDC news developments.
We’ve undertaken an in-depth credit review of Saratoga Investment’s credit portfolio through the end of August. Our summary: Pretty, pretty good.
The BDC Reporter experiments with a new format for analyzing and commenting on a BDC’s earnings conference call. We begin with Saratoga Investment who reports one month before the rest of the BDC sector.
Stellus Capital reports its final dividends for 2022. This is an opportunity to review what the outlook for the BDC’s might look like in the year(s) ahead, even in the face of a prospective recession.
The external manager of a leading BDC is taking on two minority partners. We speculate what this might mean for the BDC’s shareholders now or later.
Saratoga Investment has received a third license from the SBA to issue SBIC debentures. We explain why this is a feather in the cap for the BDC.
Carlyle Secured Lending has just quietly announced the departure of both its CEO and President. We review what we know.
Yet another BDC raises its regular distribution. This time it’s Capital Southwest. We discuss the background to this second increase in so many quarters and what might happen next to the BDC’s payout.
