The BDC stock price rally rolls on and we have the numbers to prove the point. We also review what we’ve learned more than halfway through earnings season ands what might lie ahead for the BDC sector.
The BDC Reporter annotates – and provides highlights – of TriplePoint Venture Growth’s second quarter 2022 earnings conference call and finds the venture-BDC remarkably bullish.
The BDC Reporter annotates BlackRock Capital’s IIQ 2022 earnings conference call and wonders how long shareholders will have to wait for the BDC to catch up with the rest of its peers.
The BDC Reporter annotates Owl Rock Capital’s IIQ 2022 earnings conference call transcript and summarizes the key take-aways.
The BDC Reporter annotates Horizon Technology’s IIQ 2022 earnings conference call transcript and offers highlights for readers in a hurry.
Apollo Investment is going to change its name and ticker symbol and much more besides. The BDC Reporter analyzes whether the BDC’s proposed transformation will be truly “transformative”.
The BDC Reporter updates the Fixed Income Table and shows how Baby Bond prices have been changing recently, YTD and over the long term. We also get out of the business of projecting early Baby Bond redemptions.
We annotate Ares Capital’s IIQ 2022 earnings conference call with analysis and commentary.
The BDC rally continues for yet another week, boosted by sentiment across all markets and higher earnings from rate increases. We review the data and discuss the alternative scenarios going forward over various time frames.
We re-publish an article from the BDC Credit Reporter about a non performing portfolio company of both Ares Capital and SLR Investment. We focus mostly on the possible impact of the company’s valuation on SLR Investment, which has not yet reported IIQ 2022 results.
After hours on Thursday, Ares Capital announces its intention to raise additional equity capital. The BDC Reporter evaluates the new initiative on the fly and before the pricing is even set.
Investors are in an optimistic mood, as reflected in all markets – including the BDC sector – this week. We review the numbers and go on to warn that ups and downs of 2022 may last for a long time yet. The upcoming IIQ 2022 BDC earnings season may prove more confusing than illuminating.
Runway Growth Finance has taken another step forward in its ambitious expansion plans, tapping the publicly traded unsecured debt market. We review what the BDC has done and how this fits into a bigger picture.
Trinity Capital is in fast growth mode and is raising additional unsecured debt by tapping the public market for the first time. An important development both for the BDC and BDC debt investors who have had little in the way of new issues to choose from of late.
The BDC Reporter previews what investors might expect from Hercules Capital’s IIQ 2022 results – scheduled to land on July 28.
The BDC Reporter discusses a number of changes to the BDC Fixed Income Table and reviews recent price changes as well.
BDC prices could not continue their winning price streak. We review the numbers and discuss what we’ll be most looking out for when BDC earnings season begins in two weeks time.
The BDC Reporter previews an important IIQ 2022 earnings release for a newly enlarged SLR Investment, discussing all the key moving parts involved.
We preview what to expect from Ares Capital when the leading BDC reports IIQ 2022 results on July 26.
BDC prices increase for a third week in a row. We discuss the details and offer up the BDC Reporter’s unalloyed view of how this might all play out. Spoiler alert: Patience will be required.