Avanti Communications appoints two new Board members from organizations which are Investment Advisors to BDCs who own the troubled company’s debt. Any conflict ?
A Medallion Financial subsidiary restructures with the SBA. We analyze the new agreement.
Newtek Business Services reports 2016 tax treatment of distributions and projects 2017. Shareholders will want to know.
A look at Ares Capital’s just announced allocation of taxable income in 2016.
Medallion Financial’s stock and publicly traded Notes hit new lows. Plus, stranger things from Debtwire.
Medley Capital borrows from Peter to pay Paul.
Why a thumbs up or down is not enough for BDC investors and Note holders.
We add a new loan to Prospect Capital’s recent developments, and explain why it’s newsworthy.
TPG Specialty fixes a rate for its Convertible Note offering. We discuss a couple of surprising outcomes.
Medallion Financial at 10 year low. We looked to the filings for market moving news. Updated the next day on reader tip.
We discuss why TPG Specialty is issuing Convertible Debt, and how that might affect its shareholders,.
Medley Capital redeems a public Note. Impact analyzed on Note holders and shareholders.
Newtek Business Services raises new equity. We discuss implications for shareholders and Note holders.
We calculate the potential benefit to shareholders from $100mn in new SBIC debentures. Don’t get excited.
Ares Capital expands and prices its Convertible Note. A home run ?
S&P comfortable with high debt at Hercules Capital. The BDC Reporter worries about shareholders.
A list of developments at Prospect Capital in recent weeks and how the BDC Reporter processes the flood of data.
A flattening yield curve should benefit Ares Capital and its shareholders, but don’t forget the risks involved.