The BDC Common stock rally hangs in there for another week. The BDC Reporter – in a thoughtful mood – looks backwards and forwards at both stock prices and credit risk.
Why we invested in Goldman Sachs BDC prior to the upcoming shareholders meeting as part of our Special Situations strategy.
After reviewing Alcentra Capital’s latest results, the BDC Reporter affirms its previous Dividend Outlook for the next 12 months.
Goldman Sachs BDC is offering a big fee concession and asking shareholder approval to leverage up the balance sheet. We’ve done the numbers as best we can and come to a surprising conclusion.
We provide the key reasons why we purchased Monroe Capital’s common stock multiple times back in February and March. Third in an ongoing BDC Investor series.
Two more Baby Bond casualties of the Small Business Credit Availability Act.
Third in a new series where we explain the premises underlying our investment activity.
Second in a new series where we explain the premises underlying our investment activity.
BDC Fixed Income prices drop along with about everything else as rates rise. However, we look beyond to the changes being wrought by BDC enthusiasm for the Small Business Credit Availability Act. This could go any number of ways.
Thank goodness for the BDC Reporter’s reputation as a sector psychic, the BDC rally rolled on. There’s room to run and reasons that could happen.
A gas driller files for bankruptcy. TPG Specialty is the only BDC with exposure. How will the BDC fare ?
Apollo Investment has made major – and overdue changes – to its compensation arrangements, announced along with FY 2018 earnings. However, we continue to stay away from the stock for 5 reasons given.
We dig into Gladstone Investment’s results after a Very Good Year for the BDC.
A new feature summarizes the premise for the BDC Reporter’s investment activity.
Oaktree Strategic Income takes a step towards leveraging up its balance sheet by receiving a waiver of the 200% asset coverage from its lenders. We run the numbers, though, and are not convinced shareholders will benefit.
The newest public BDC is a lender to the latest retailer bankruptcy.
National Securities projects two well known BDCs might cut their fees. The BDC Reporter builds on that speculation with one of its own about the BDC Sector as a whole.
PennantPark Floating Rate held a Conference Call to update and reassure its Israeli Baby Bond holders. Mission accomplished ?
BDC Fixed Income prices are modestly higher. More importantly, the landscape for unsecured BDC debt changes before our very eyes.
As forewarned earlier in the week, BDC common stocks are in rally mode, and may go higher. The BDC Reporter, though, looks a little further out…