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 ?
Something unexpected happened to Newtek Business Services and changed our investment plans.
The BDC Reporter recaps many of the stories which made the news – and our new Daily News Table – in the week ended Friday October 13, 2017. First of a new weekly feature for Premium subscribers.
BDC common stocks sag and fixed income firms and several individual securities jump all over the place.
The FBI bursts into a Newtek Business subsidiary…
Saratoga Investment adjusted earnings surprise to the upside, but there’s more to the story.
MVC Capital responds to an activist shareholder with proposals of its own.
BDC common stocks – mostly – in revival mode. Fixed Income in the eye of the storm.