We dig into Gladstone Investment’s results after a Very Good Year for the BDC.
A new feature summarizes the premise for the BDC Reporter’s investment activity.
Oaktree Strategic Income takes a step towards leveraging up its balance sheet by receiving a waiver of the 200% asset coverage from its lenders. We run the numbers, though, and are not convinced shareholders will benefit.
The newest public BDC is a lender to the latest retailer bankruptcy.
PennantPark Floating Rate held a Conference Call to update and reassure its Israeli Baby Bond holders. Mission accomplished ?
BDC Fixed Income prices are modestly higher. More importantly, the landscape for unsecured BDC debt changes before our very eyes.
As forewarned earlier in the week, BDC common stocks are in rally mode, and may go higher. The BDC Reporter, though, looks a little further out…
The BDC Reporter feels compelled to bring to its Premium subscribers attention a change in market sentiment underway. We also identify a BDC that might be the subject of the next change of management.
The BDC Reporter knew “something was up” weeks ago. Now we hear American Capital Senior Floating is headed for an unusual self-liquidation. Going out on top or going too cheap ?
BlackRock Capital’s shareholders write the Investment Advisor a blank cheque. The BDC Reporter is taken aback.
BDC Fixed Income prices did not move much on the week, but the outlook for the entire sector for years to come shifted dramatically.
A watershed week for the BDC Sector, but not for the usual reasons.
The BDC Reporter compares its 2018 projections for Horizon Technology against the first quarter’s actual results.