BDC Wrap-Up: Wednesday September 27, 2017
Premium Free Activist News Debt Investor Dividend Best IdeasAnother new Baby Bond gets issued, a loan booked and a Revolver increased. Plus, a BDC in full “turnaround” schedules its next release date.
Another new Baby Bond gets issued, a loan booked and a Revolver increased. Plus, a BDC in full “turnaround” schedules its next release date.
A BDC issues new, cheaper unsecured notes, but has anything changed ?
MVC Capital stares down an activist shareholder.
An analyst is unmoved and a BDC that has fallen a very long way drops a little further.
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.