All the public BDC press releases and filings of the day. Main focus: TCP Capital, THL Credit and Main Street. Brief mention: Fidus Investment and Newtek.
“[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.”