The first week of BDC Earnings Season and the sector takes another dive down. We discuss who may still join Triangle Capital in reporting disastrous results, and much else. Fixed Income fares better, but the longer term trends should worry BDC debt holders.
A credit implosion; a portfolio sale, several earnings calls and many stocks hitting new lows. Highlights from the BDC Daily News Table.
Highlights from the BDC Daily News Table for November 1.
Triangle Capital stumbles badly from a credit standpoint. We provide the figures and discuss what might happen next to this BDC Fallen Angel.
Horizon Technology reports much higher earnings than last quarter, but has anything changed ?
Only Newtek In The News, but Stock Watch discusses why Great Elm and Triangle Capital are hitting new lows.
TCP Capital publishes a preview of IIIQ 2017 earnings. We offer some previews of our own.
A mid morning update on corporate governance changes at a troubled BDC and two new price lows and one new high.
BDC common stocks mostly took a beating while fixed income held its own. Still, change is on the way for both segments. Very soon.
We had five reasons for buying PennantPark Floating Rate’s common stock after its recent secondary.
More on the dysfunction happening in the BDC market. Plus, an expanded and updated Daily News Table and a potential big loss coming to THL Credit.
BDC common stocks hit an unwelcome milestone.
Prospect Capital has fallen and may not get up. An update.
Another salvo in the battle between MVC Capital’s Investment Advisor and its dissident shareholder. Will this make a difference ?
Both the BDC Common Stock and Fixed Income segments are splitting in two. We explain…
With many candidates for BDC Story Of The Week we’ve chosen Newtek Business Services and an FBI raid.
Hercules Capital breaks new ground and lowers its interest rate with a major new Baby Bond. Will that help to revive a moribund stock price ?
Oaktree Capital steps in to run Fifth Street Finance but with a new name and ticker. We look at the new Investment Advisor’s first presentation of what we should expect going forward.
We remind Premium Subscribers to check out the new Daily News Table because there has been a slew of new items – many not covered anywhere else – this week.
KCAP Financial’s subsidiary refinances a CLO. Routine or something revolutionary ?