July 31, 2016: BlackRock Investment (BKCC)
July 31: From the IQ 2016 10-Q.
July 29, 2016:BDC Activist reports on challenge by a major investor to proposed merger of Full Circle Capital (FUL) with Great Elm (GECC) .
July 31
July 29, 2016: BKCC
July 31, 2016: BKCC
July 29: FSIC, FSIC II, BKCC, KCAP
July 27, 2016 : FSIC
July 25
July 25, 2016: TICC Capital (TICC)
July 22: TSLX, FSIC, FSIC II, FSIC III
July 22: TSLX,FSIC, FSIC II, FSIC III
July 21, 2016
July 11-20
July 20, 2016: MVC Capital (MVC)
July 19, 2016: The BDC Activist reviews TICC Capital’s (TICC) latest announcement about its investment strategy, and provides an unsolicited suggestion about what the Board of the troubled BDC should do for its long suffering shareholders.
The BDC Activist reports on new issuance of medium term, unsecured Notes by Alcentra Capital (ABDC) at all-in rates around 6.5%. We question the benefits to shareholders-if any-from issuing this debt capital given the high interest rate paid, the ensuing cost in management and incentive fees and other factors. Part of a general trend in the BDC sector of raising Non Accretive Capital.