Monday was a very bad day for all the markets price-wise, including the BDC sector. We review at some length what happened. Also discussed is a new rating of a BDC by a well respected investment bank.
BDC prices drop for a second week. Time to worry, or not ? The BDC Reporter offers up some thoughts based on long experience.
BDC sector prices continue to slip…A medium sized BDC taps the unsecured debt market for a surprisingly large amount and another BDC offers a preview of investment activity.
BDC stock prices dropped again, more or less across the board. News-wise, the BDC Reporter has two credit stories about BDC portfolio companies to share and a preliminary report of an expected unsecured debt offering.
BDC prices were down on Tuesday, after being up on Monday. We also discuss two related BDCs which have just announced new distributions and review their valuations and outlook.
BDC prices have started the new week with a strong showing. In the news, a preferred offering and credit developments at several BDC portfolio companies worth knowing about. Some good news and some terrible.
BDC sector prices – after much intra-week drama – barely budged. After reviewing the week – and some individual BDC volatility – we look forward to where sector prices might be headed.
At the end of a turbulent week, BDC prices increased to end where they started. On the news front, we discuss a new unsecured debt offering with unclear purpose or benefit and a routine amendment to a secured facility.
The BDC Reporter reviews Saratoga Investment’s latest results and discusses the long term outlook for the successful lower-middle market focused BDC.
Over the past two days BDC sector prices have dropped, but not very far. Also one BDC has reported earnings and two others provided previews of second quarter activity.
BDC prices barely budged after the holiday. However, there was a spate of important and not-so-important news items which the BDC Reporter has noted and analyzed.
A deafeningly quiet week where BDC fixed income prices and news is concerned. We use the opportunity to look back on what has changed in the first half of 2021 in this segment of the market.
Just beyond the 2021 halfway mark, BDC prices are still flying high. We compare and contrast with other markets and peer forward into the second half of the year, offering the BDC Reporter’s best guess.
As July began, BDC stock prices rose, with one mid-sized BDC leading the way. Also, a BDC changes its name,ticker and manager; a leading BDC amends its debt and another prepares to raise fresh capital. We also discuss ever improving credit conditions and what that might mean when IIQ results come out.
The BDC sector reaches mid-year 2021 in good shape where prices are concerned. We discuss the latest data to provide context. Plus, we discuss the divvying up of a new portfolio investment by a venture-debt BDC.
For a third day in a row, BDC stock prices dropped. Time to worry or just noise ? We discuss, as well as point out a potential capital offering that might be headed this way by a venture-debt BDC.
Nothing much happened on Monday to BDC common stock prices. However, there were a few news developments for the BDC Reporter to discuss.
BDC fixed income prices were unchanged but the number of public unsecured debt issues changed during the week. So did the BDC Reporter’s estimate of what the unsecured debt landscape might look like at year’s end.
BDC common stocks were in rebound mode this week, leaving the sector very close to its 2021 highest heights.
BDC prices moved up marginally on Thursday. Moreover, we cover a new private placement and public Baby Bond repayment; an amended revolver and discuss an analyst’s recommendation.