Hercules Capital updates its new Baby Bond Prospectus. The BDC Reporter looks down the credit road.

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.

The BDC Reporter analyzes Horizon Technology Finance’s IQ 2018 portfolio preview and comes away with a SELL rating on the stock and maintains an AT RISK view about dividend sustainability.

After the BDC Reporter and S&P had their say about the new BDC rules, Fitch Ratings gave their two cents about the risk of doubling BDC leverage. This was no Thermopylae.

OFS raises its first Baby Bond. We look at the economics both from a shareholder and debt holder perspective and find the numbers don’t add up for either.

Golub Capital announces a shrinking JV. We speculate if there’s something afoot.

National Securities was shocked and so are we by one aspect of Triangle Capital’s just announced two way sale.

S&P speaks up about the new BDC leverage rules, expressing concern. Will the credit raters keep BDCs from borrowing to the hilt. If not the rating groups, then who ? We discuss the options and look into a glass. Darkly.

Our first thoughts about the just announced two step sale of Triangle Capital and some lessons learned.