Capital Southwest adopts the new asset coverage rules. Sort of…The BDC Reporter calculates the bottom line impact for shareholders, and gives a thought to Baby Bond holders.
We assess credit and earnings risks at Alcentra Capital in advance of the first quarter 2018 results being announced.
Earnings estimates for nine BDCs reporting this week.
BDC Fixed Income prices are going nowhere but are the number of issues in the segment poised to boom ? We give two reasons why that might be the case.
On the cusp of the most interesting Earnings Season in years, BDC stocks remained in a narrow range. We look forward to the debate about extra leverage but also beyond…
OFS Capital has been losing the confidence of investors. Here’s the key reason why in advance of IQ 2018 results.
With first quarter 2018 results coming up May 8, we highlight the key issue CM Finance shareholders should be looking out for. This could go either way.
Is more change afoot at Oxford Square Capital (formerly TICC Capital) ? On May 1, 2018 investors may find out more.
Capitala Finance’s Manager raises a new fund to invest in lower risk loans, but the BDC remains mired in higher risk credits with no signs of escape.
Hercules Capital updates its new Baby Bond Prospectus. The BDC Reporter looks down the credit road.
An uneventful week where BDC Fixed Income prices are concerned. The BDC Reporter, though, has been musing about debt, risk and frogs.
The BDC Sector moved up, then down and remained in the same place where it’s been for weeks. Trends are underway – both inside and outside the sector – that could change all that.
A shareholder group is getting non-public information from OHA Investment. The BDC Reporter, though, remains on the sidelines and explains why.
New Mountain Finance intends to leverage up its balance sheet. Can that be done in a way that benefits shareholders ? The BDC has some encouraging answers.
A major shareholder at Medley Capital has become disenchanted and wants the Board to sell the BDC to a new manager. We review what’s wrong at Medley but have a different idea to offer up that might create a win-win-win. Yes, really.
In a major move BlackRock,Inc. acquires the manager of TCP Capital. Nothing is going to change for the BDC’s shareholders say the two firms involved. Not so fast says the BDC Reporter.
A ho hum week for BDC Fixed Income prices but the new BDC leverage rules might ultimately put an end to the price stability in the sector that just added a new issue,
The mini-surge in BDC common stock prices reversed this week. Are we headed back down or just taking a break ? Longer term, much may depend on how BDCs tackle the new leverage rules, as we explain.