The glass is either half full or half empty at Apollo Investment as the BDC approaches a fork in its long and winding road.
BDC prices did not move much and we there were only a couple of developments to report, but we added some credit news to the BDC Market Agenda.
We annotate the Crescent Capital IQ 2021 conference call transcript after first reviewing the investor presentation, earnings release and 10-Q. We find a BDC still very much betwixt and between.
Only a couple of news developments in the BDC sector to discuss, but there was plenty of movement where common stock prices were concerned.
The BDC Reporter’s daily Market Agenda is back after a brief hiatus, reviewing last Friday’s biggest news and what is coming up.
Stellus Capital had a “solid” IQ 2021 and more of the same seems to be forthcoming in the quarters ahead.
The BDC Reporter annotates Great Elm Capital’s most recent earnings conference call, and wonders whether the BDC is headed in the right direction.
The BDC Reporter provides a brief update on what we’ve been working on as sector prices have tumbled for three days in a row. We will be on vacation for a few days but will continue to publish several new annotations of BDC conference calls. .
Oaktree Specialty Lending announces a large unsecured note offering at a low yield. We review the implications for the BDC and its shareholders.
The BDC Reporter annotates Goldman Sachs BDC’s IQ 2021 conference call transcript and reviews earnings, credit and what’s to happen to the distribution.
The BDC Reporter annotates Barings BDC’s IQ 2021 conference call in a quarter where the BDC reached a much awaited ROE target for the first time.
The BDC Reporter contends with an avalanche of BDC earnings reports, but notes very few setbacks. Market prices revive on the general optimism.
Just as BDC earnings season heats up, several other developments occur just as sector prices slump…
The BDC sector is getting busy with earnings releases, amended financing arrangements and credit developments. Most of the day’s update is devoted to what we’ve learned – or otherwise – from Capitala Finance’s earnings and conference call.
Another record price level for the BDC sector, and two more BDCs report earnings.
The BDC Reporter annotates its own preview of Horizon Technology’s IQ 2021 earnings now that the results are in.
BDC earnings season begins with strong results from three very different BDCs as the sector remains at new price highs. We also share two important credit developments that affect multiple BDCs, drawn from the BDC Credit Reporter.
Plenty of BDC news items large and small to review and a new price record to note, as BDC earnings season gets going.
The BDC Reporter annotates the conference call discussing the proposed change of external manager at Capitala Finance and has some tough-to-swallow conclusions for shareholders of the BDC.
Out of the blue a BDC seeks to switch managers and two others prepare to merge, but all are related.
