BDC fixed income prices didn’t move much but the week was notable for the announced redemption of a bellwether Baby Bond.
An important week for BDC Fixed Income,both where prices are concerned and in other ways. We review what’s going on and cast forward till the end of 2021, by which time things could be very different.
BDC Fixed Income prices are in a lull but redemption and issuance activity remains active. We review what that means for debt prices this week and going forward.
Yes, BDC fixed income prices reached a post-Covid record but that’s not the most important development of the week. The BDC Reporter foresees huge changes ahead for BDC debt investors.
BDC Fixed Income prices diverged from the sector’s common stocks this week. New issuance activity was lower than usual but we expect that to change shortly.
The BDC Fixed Income universe grows ever smaller but prices remain stable, and may for some time more. Nonetheless, major changes are afoot which we discuss here and which will be one of the subjects in an upcoming webinar.
Price-wise, not much changed for the BDC Fixed Income sector but this was a historic week in other ways. More history is likely to be made in the weeks ahead…
BFC Fixed Income prices continue to improve in the new year. However, with most issues trading above par, an old trap for BDC debt investors comes back into focus: will your favorite BDC debt issue purchased at a premium be redeemed early at par ?
The BDC Fixed Income market ends 2020 with a flourish and a new post-Covid price record. We look forward into 2021, and even beyond to see what the future holds for publicly traded BDC unsecured debt.
With less than two weeks till year end BDC Fixed Income prices remain at record YTD levels. The BDC Reporter compares where we currently stand with year-end results back to 2017, but we also speculate about what happens to the public BDC Fixed Income segment in 2021.
The BDC common stock rally may have hit the pause button, but the Fixed Income sector marches on and may end up higher by year’s end.
The holiday-shortened week saw new records broken for BDC Fixed Income prices and much investor enthusiasm for the more troubled issuers. Plus, we discuss two business developments affecting BDC unsecured debt in a slow week for breaking news.
The BDC Fixed Income sector reached a predicted price milestone in the week ended November 20, 2020. Will 2021 see the sector break all price records ? Some new developments suggest the possibility.
BDC Fixed Income prices reach a new post-pandemic record. We discuss details and provide an early estimate of what 2020 might show as a total return for debt investors and speculate about 2021.
BDC Fixed Income prices did not begin to match what happened to their common stock counterparts. Also, some good quarterly results did not have their expected impact on the price of the BDCs involved.
All quiet on the BDC Fixed Income price front but both this week and next plenty of news stories to discuss, weigh and place into context.
The median BDC unsecured debt price dropped slightly this week, but the BDC Reporter remains sanguine. However, with BDC earnings season coming up, several underperforming BDCs do bear watching. We name names.
The BDC Fixed Income sector reaches a new milestone this week and gives the BDC Reporter the opportunity to estimate what 2020’s total return may look like with less than 3 months to go.
After a couple weeks pause, BDC Fixed Income prices overall moved back up. Still, the BDC Reporter has questions about one debt issuer in the news.
BDC Fixed Income prices follow common stocks downwards. However – as they say – it’s more complicated than that, and the BDC Reporter finds room for optimism.