We discuss why Trinity Capital has announced a stock repurchase program and whether that will revive its out of favor stock price.
We summarize Bain Capital’s IIIQ 2022 performance, offer up areas of concern and review the bDC’s valuation.
Good news on inflation lifted all boats, including the BDC sector.We discuss what needs to happen for the rally to continue.
The BDC Reporter highlights the key issues involving BlackRock Capital Investment, drawn from its recent conference call.
Ares Capital returns to the equity markets for yet another secondary. We review the numbers and the implications.
We annotate where we can a very brief Oxford Square IIIQ 2022 earnings conference call.
We begin by describing how the BDC sector held up price-wise for the week. We follow up with our thoughts about what might happen to the BDC sector in the critical quarters to come.
Here are the key issues drawn from Goldman Sachs BDC’s IIIQ 2022 reports and the BDC Reporter’s comments thereon.
The BDC Reporter highlights five key take-aways from Hercules Capital’s just announced results.
BlackRock TCP Capital increases its regular distribution and may need to raise again shortly based on earnings expectations.
A venture debt famous for maintaining a very stable dividend level for years has just announced a big increase for 2023. There may be even more to come.
Main Street’s distribution levels continue to rise, breaking records along the way. We project the BDC’s total payout for 2023 with 2022 in the bag.
Capital Southwest’s IIIQ 2022 earnings conference call makes interesting reading about future earnings, distributions and credit.
We re-publish an article from the BDC Credit Reporter about a portfolio company of Cion Investment which has just filed Chapter 11.
On the last day of the month most of the major indices – and the BDC sector – dropped in price. There’s a lot coming up and both BDC stocks and bonds could head in any direction.
New Mountain Finance is issuing a convertible to tender for a less expensive existing convertible. This is just part of many financing needs facing the BDC in the next 36 months.
We re-publish an article from the BDC Credit Reporter about a Cion Investment portfolio company that may file for bankruptcy
The BDC sector moved up in price very sharply in the week ended October 28, 2022. Will that continue ? We have thoughts.
Runway Growth Finance increases its quarterly distribution – again. We discuss what the outlook might be for the 2023 payout and whether the BDC’s fast growth is a positive or negative.
New Mountain Finance is giving an early look at two key IIIQ 2022 metrics.