BDC common stocks rebound. Or do they ? However, BDC Fixed Income issues are both in a state of frequent change and remain just the same.
An activist pops up unexpectedly; a dividend surprise and a comeback. Plus, we complete a tri-fecta.
Gladstone Capital completes its Term Preferred refinancing and we discuss how we invested.
A BDC raises less debt than expected, another gets its rating re-affirmed and much more.
Gladstone Capital prices its latest Term Preferred and surprises us on both amount raised and yield. (This is a follow-up on a September 19 article).
A new Term Preferred comes to market; S&P has a negative outlook and a small BDC makes a big price move.
Gladstone Capital about to tap the Term Preferred market for a third time with significant implications for its earnings and balance sheet.
We update and revisit OHA Capital shortly after the stock price dropped to an all-time low, but is now shooting up…
A new Baby Bond surprises and an e-mail change option for all subscribers, amongst other issues.
KCAP Financial makes a surprise move.
BDC common stocks pause and Baby Bonds welcome a new issue.
What does Prospect Capital’s Proxy tell us about the prospect for future earnings and distributions. In a roundabout way, a great deal, as we show.
Taxi medallion prices on the move,two large popular BDCs slip in price while a minnow shoots up.
Most of Wednesday September 13, 2017 was devoted to investigating a huge new BDC coming to the public markets. There’s other news besides in our daily summary.
Facts, figures and a few opinions about a very large non-traded BDC, with a famous name attached, about to come to the public market.
MVC Capital reports, OHA Investment jumps, Medallion Financial sags and we revisit Capitala Finance’s troubles for all readers.
MVC Capital reports a higher NAV and a jump in earnings. Why is the BDC Reporter so unimpressed ?
The BDC Reporter updates an article written August 9 regarding Capitala Finance’s credit performance in the IIQ 2017 that caused the stock price to drop as much as 35%.
Medley Capital downshifts, Alcentra Capital slips and Capitala Finance climbs back. Plus a new, faster way to search.
Is Medley Capital’s amendment of its bank debt a positive or a negative for the troubled BDC ?