Medley Capital borrows from Peter to pay Paul.
Medley Capital redeems a public Note. Impact analyzed on Note holders and shareholders.
The BDC Activist questions if insider purchases of MCC’s stock are a good sign for existing shareholders.
The CEO of Medley Capital buys ever more stock. Increasing confidence or increasing control ?
We re-publish an article from the BDC Credit Reporter about the restructuring and realized loss of a Golub Capital portfolio company.
Capitala Finance abandons trying to mend relations with its Revolver lenders and closes the facility. We review where that leaves the BDC’s financing, liquidity and future.
The BDC Reporter dives into reviewing two just-filed lawsuits against the impending merger of Alcentra Capital into Crescent Capital that could change everything. Or nothing.
We summarize Golub Capital’s third quarter 2019 results in the wake of the acquisition of its non-traded sister BDC.
The IIIQ 2019 quarterly reporting will be an important one for BlackRock Capital, after a poor second quarter. The BDC Reporter offers up the 5 key issues investors should be looking for when the BDC publishes its results on October 30 and holds its Conference Call on Halloween.
The BDC Reporter circles back to an article we wrote about Capitala Finance that explains why the BDC’s stock price has been in free fall, and looks forward to what might happen in the weeks ahead.
We review the details of the just proposed merger of Alcentra Capital into soon-to-be public Crescent Capital BDC; discuss what the combined entity might look like and what it’s credit challenges and financial performance might look like going forward. And much more.
The BDC Reporter shares some concerns – which may prove overblown – about Capitala Finance’s relationship with the SBA following a major realized loss in the second quarter of 2019.
Alcentra Capital surprises the market -weeks after appointing a new CEO – by hiring a financial adviser and exploring alternatives. We discuss why and what the implications might be for the BDC and investors.
Medley Management reports IVQ 2018 results one third of the way into 2019. We review to gain insights into how the proposed merger with Medley Capital and Sierra Income might be affected.
The BDC Reporter annotates the conference call transcript of the newly merged and expanded FS KKR Capital.
BlackRock Capital Investment reports its results and holds a Conference Call. The BDC Reporter annotates the transcript and questions what is going on strategically and in credit quality.
We’ve been feverishly reviewing BDC earnings reports and reading Conference Call transcripts. Here’s what we learned – and what we think about – BlackRock TCP Capital’s uneventful fourth quarter. Plenty to chew on.
The BDC Reporter annotates a press release from Alcentra Capital about its investment activities and stock repurchase program.
