All the BDC news and filings of the day. Very busy, with interesting items from Stellus Capital, Prospect Capital, BlackRock Investment and others.
The BDC Reporter’s initial response to the departure of Fifth Street CEO Patrick Dalton.
All the BDC news and filings of the day. The headline is Prospect Capital’s Convertible, but there are several other items worth reviewing.
All the BDC news and filings of the day. Like yesterday, there’s plenty to review and discuss.
“[Speculative grade loan] Companies can choose to reprice these ]leveraged] loans at any time, locking in lower rates if there’s sufficient demand. And they are doing so at an accelerating pace, with such repricings and refinancings reaching the highest level in the three months ended March 31 since at least 2013, according to Lara Wieczezynski of Bloomberg News.”
All the BDC news and filings of the day. The docket is very full, and there’s much to review.
All the day’s news items and SEC filings for the BDC companies we track.
Week 13 of 2017’s Market Recap. BDC common stocks are at new heights, Baby Bonds just sitting there.
In BDC Reporter’s Other Views, the CEO of new private Business Development Company Flat Rock Global Robert Grunewald discusses why BDCs represent a good way to access investing in the middle market.
All the day’s news items and SEC filings for the BDC companies we track. We provide a “cheat sheet” for shareholders of Solar Senior Capital in advance of just announced IQ 2017 earnings.
All the day’s news items and SEC filings for the BDC companies we track.
“Yields on middle market institutional term loans have fallen to 6.16% in the first quarter [2017] so far compared to 7.33% in the first quarter of last year.” Reuters Leela Parker Deo- March 29, 2017
BlackRock Capital’s Investment Adviser claims the BDC’s poor results have nothing to do with them, and points to the IRR on its “own” investments. We don’t agree.
All the day’s news items and SEC filings for the BDC companies we track.
All the day’s news items and SEC filings for the BDC companies we track.
All the day’s news items and SEC filings for the BDC companies we track.
Golub Capital gets a thumbs up.
One more reason why we’re worried about Retail in 2017
Week 12 of 2017’s Market Recap. BDC common stocks fall back slightly, Baby Bonds just keep going and going.
In the first of a two part article, we discuss the secrets of Golub Capital’s success since going public in 2010. There are object lessons there both for investors and for its BDC peers. In Part II, though, we will suggest what might go wrong in the future for this now very expensive BDC which reached its all time high just a few days ago.