As investors are otherwise engaged at year end, the most important BDC News is that common stock prices are behaving in unexpected ways. First signs of another sector step-down or a seasonal phenomenon ?
Good news for Prospect Capital: a very big loan is being repaid. Bad news too: a very big loan is being repaid. We explain why good news is bad news for the most controversial BDC.
The BDC Reporter adds a unique feature for Premium subscribers: the 12 Month dividend sustainability outlook for 46 public BDCs. We are both providing a rating for every name and will be updating our analysis on a real-time basis as the BDC world turns. Along with the constantly updated BDC Daily News and the BDC Fixed Income Table, this is our third unique feature for Premium readers. We encourage our free subscribers to check out the new Dividend Outlook Table by signing up for the BDC Reporter’s 14 Day Free Trial.
OHA Investment dispels a rumor. Shares traded spike and the stock price drops hugely. And we’re only minutes into the trading day.
BDC common stocks fighting an undertow and Fixed Income slips too- just a little.
Catching up on the flood of BDC news, we focus on 4 stories. More on the hook-up of two financial giants; two dividend announcements from BDCs going through business transitions and those continuing outsized insider purchases at one of the industry’s biggest players.
Four BDC stocks are headed to record lows and two are breaking to the upside. BDC price volatility is back with bells on. We discuss each stock in turn.
Capital Southwest goes to the debt raising well. We’ve got details, analysis and an unusual dilemma for prospective investors.
The only advertising you’ll ever see on the BDC Reporter and that’s to offer a 14 Day Free Trial to everyone. Happy Holidays.
A retailer files for bankruptcy protection as expected and 4 BDCs face the music of loss of income and likely much higher Realized and Unrealized losses while adding more monies.
December brings one of the biggest BDC news story of the year: FS Investments – and its public BDC FSIC – part ways with GSO Blackstone and bring in KKR. The market shrugs its shoulders but the BDC Reporter does not. Here’s what’s happened and why investors should care.
BDC Earnings Season is over. We discuss where both the BDC common stocks and fixed income segments stand with three weeks left in the year. Guess who’s had the better 2017 to date ?
On Friday December 8, there were two BDC news items worthy of brief, additional comments: thin insider ownership at one fund and a canny new financing from another.
Busy BDC News Day with Medley Capital’s full year earnings at the forefront. We preview our MCC view and that of National Securities then discuss two expected dividend announcements ; a resetting CLO and a heap of insider share purchases and more besides. We also update our Premium readers on why we bought two Baby Bond issues, and updated the Fixed Income Table.
We wrap up the news from a handful of BDCs on a slow day. A new high is reached, a dividend maintained, a thumbs up given and a securitization completed.
Besides publishing two feature News Of The Day articles affecting NMFC and TCRD, the BDC Reporter reviews developments at 4 other BDCs. The principal uniting thread: what’s going to happen to the dividend ?
A major retailer may be headed to bankruptcy. Two publicly traded BDCs are about to do some reckoning.
We review New Mountain Finance ‘s dividend sustainability after 22 unchanged pay-outs in a row and come to a surprising – and controversial to many – conclusion.
Not a great week for BDC common stocks. We provide specific examples. BDC Fixed Income is different. We provide more specific examples.
With all but one BDC having reported earnings, there’s plenty going on in the BDC Sector. We offer insights into 7 different funds.