BDC investors are an indecisive bunch, pushing up prices sharply after last week’s decline. We discuss the principal winners on the day. Also on the docket: a new CFO for two BDCs and the post-facto capital structure at Great Elm Capital after a Baby Bond offering.
BDC common stock prices drop sharply, and almost across the board. Still, a BDC launches a new Baby Bond and repays an existing issue. We review the implications for both shareholders and debt holders.
This was a historic day as two huge BDCs merged. We review some of the implications for the sector and the shareholders involved. Overall BDC stock prices returned to their winning ways after a one day hiatus.
BDC sector prices dropped moderately on Tuesday, but remain close to their 52 week high. Also, a small BDC returns to the public unsecured debt market while another undertakes a recapitalization of a successful portfolio company.
Main Street Capital provides some basic information about a new transaction with a portfolio company. The BDC Reporter fills in many of the blanks of what seems like a very successful and long standing investment.
BDC common stock prices do not break any new records, but still remain high. Plus, the soon-to-be second largest BDC discloses its debt financing structure.
BDC stock prices failed to reach a new high but there were multiple other developments, including a major debt financing and a successful portfolio exit, to discuss.
The BDC sector reached yet another price record – the tenth in a row – on a day where one BDC left the scene and another succeeded in reducing its costs once again.
For the ninth day in a row BDC stock prices reach new heights. Otherwise, a mid-sized BDC books a new debt and equity portfolio company and we continue to research credit issues.
BDC sector prices rally for an 8th day. We also learn about a new BDC portfolio company and undertake more credit updates of companies and BDCs.
BDC stock prices climb for the seventh day in a row to new record highs. Meanwhile two large cap BDCS issue a huge amount of unsecured debt at the same rock bottom yield. Plus, some unusual bad news where credit is concerned…
In a “deja vu all over again” day, BDC prices reach yet another record high. Plus, a troubled borrower gets some breathing room and a leading BDC has a new investment focus.
Yet another BDC price record; three dividend announcements and some credit news and company updates.
BDC prices reached a new apex on a day when a BDC CEO moved on and we learned more about a new portfolio company at another BDC lender.
BDC sector prices are breaking records again and there are important developments at Capitala Finance and Hercules Capital to discuss.
BDC stock prices climb to a new height. Also, an increased dividend is announced and several last minute disclosures regarding a merger released.
BDC stock prices resumed their ascent after a one day pause. We highlight interesting information in Capital Southwest’s conference call and provide details about Ares Capital’s latest debt offering and some other minor items.
BDC stock prices drop for the first time in nine business days even as earnings season comes to an end. The BDC Reporter also has some strong words about the sector’s corporate governance.
BDC stock prices continue to rise on the first day of the week. We review two developments and suggest an upcoming BDC forum.
The glass is either half full or half empty at Apollo Investment as the BDC approaches a fork in its long and winding road.
