Fidus Investment: Portfolio Company Sold.
Premium Free Activist News Debt Investor Dividend Best IdeasWe re-publish an article from the BDC Credit Reporter reviewing how Fidus Investment tackled an under-performing investment.
We re-publish an article from the BDC Credit Reporter reviewing how Fidus Investment tackled an under-performing investment.
The BDC Reporter annotates Fidus Investment’s IVQ 2020 conference call transcript.
Main Street Capital was much improved in the IVQ 2020 as discussed on its latest conference call.
The BDC Reporter reviews Goldman Sachs BDC’s IVQ 2020 results in the wake of its recent merger with an affiliated fund.
The BDC Reporter summarizes the Bain Capital Specialty Finance IVQ 2020 results.
We review the planned redemption of Ares Capital’s only public Baby Bond. This leads us to a discussion of the biggest challenge facing the BDC going forward.
Capital Southwest completes its latest unsecured note offering which the BDC Reporter discussed yesterday. We review the outcome vs our expectations and predict what might be next from a finance standpoint.
Capital Southwest is coming back to the debt market with another unsecured note issuance. We review the details and how this fits into the BDC’s long term growth strategy.
OFS Capital amends one of its secured loan agreements. The favorable terms agreed on suggest the BDC’s finances continue to be on the mend.
A portfolio company of PennantPark Floating Rate Capital files for Chapter 11, shortly after the BDC placed its debt on non accrual.
The BDC Reporter previews some of the subjects that we’ll be looking out for when high flying Horizon Technology announces IVQ 2020 results in March.
We re-publish an article from the BDC Credit Reporter about PennantPark Investment’s largest portfolio company which has been underperforming for several years.
PhenixFin’s IVQ 2020 results are obscured by one huge dividend received. On a pro-forma basis, though, the BDC’s performance continues to decline and many questions remain about what comes next.
Golub Capital announces a new secured loan facility. Nonetheless, the BDC Reporter has questions about the BDC’s overall financing structure.
Bain Capital Specialty Finance announces preliminary IVQ 2020 results and a new joint venture. We discuss the positives and negatives of both.
Fidus Investment increases its distributions, raising the possibility the BDC can return to its pre-pandemic payout level. We review both the FDUS dividend history and its potential future.
Ares Capital broke some records in the IVQ 2020 and has parlayed its success into a new common stock offering announcement after the close. We scan the highlights and the well orchestrated path of the largest BDC.
A portfolio company of FS KKR Capital seems to be on the verge of refinancing a portion of its leveraged loan debt in the junk market. We offer the details as known.
Barings BDC has previewed IVQ 2020 results. Besides an increased distribution, there’s a whole lot going on in the BDC’s press release which the BDC Reporter has annotated.
Avanti Communications – leading portfolio company of Great Elm Capital – gets a last minute financial reprieve.