BDC Market Agenda: Monday June 7, 2021
Premium Free Activist News Debt Investor Dividend Best IdeasBDC sector prices rally for an 8th day. We also learn about a new BDC portfolio company and undertake more credit updates of companies and BDCs.
BDC sector prices rally for an 8th day. We also learn about a new BDC portfolio company and undertake more credit updates of companies and BDCs.
While BDC common stocks marched on, fixed income prices stayed stable. However, there were a couple of price moves that deserve mention in a week with no other developments.
BDC stock prices continue their phenomenal upward run. We dig into the data for the week and year and the different segments involved, not all of which are moving at the same pace.
BDC stock prices climb for the seventh day in a row to new record highs. Meanwhile two large cap BDCS issue a huge amount of unsecured debt at the same rock bottom yield. Plus, some unusual bad news where credit is concerned…
In a “deja vu all over again” day, BDC prices reach yet another record high. Plus, a troubled borrower gets some breathing room and a leading BDC has a new investment focus.
Yet another BDC price record; three dividend announcements and some credit news and company updates.
BDC prices reached a new apex on a day when a BDC CEO moved on and we learned more about a new portfolio company at another BDC lender.
Not much changed in BDC Fixed Income prices during the week, but there were a series of comings and goings that continues to reshape the sector. Watch out ! There’s more to come.
With BDC common stocks at yet another record price level, we discuss the sustainability of this rally and what could possibly go wrong after 14 months of rises.
BDC sector prices are breaking records again and there are important developments at Capitala Finance and Hercules Capital to discuss.
BDC stock prices climb to a new height. Also, an increased dividend is announced and several last minute disclosures regarding a merger released.
BDC stock prices resumed their ascent after a one day pause. We highlight interesting information in Capital Southwest’s conference call and provide details about Ares Capital’s latest debt offering and some other minor items.
BDC stock prices drop for the first time in nine business days even as earnings season comes to an end. The BDC Reporter also has some strong words about the sector’s corporate governance.
BDC stock prices continue to rise on the first day of the week. We review two developments and suggest an upcoming BDC forum.
There were many developments in the BDC Fixed Income sector during the week that changed the landscape and outlook.
Two weeks after a short, sharp shock BDC stock prices are back at new heights. We discuss the trends and some specifics.
The glass is either half full or half empty at Apollo Investment as the BDC approaches a fork in its long and winding road.
BDC prices did not move much and we there were only a couple of developments to report, but we added some credit news to the BDC Market Agenda.
Only one significant BDC news item to report on as BDC prices move up for a fourth day in a row.
We annotate the Crescent Capital IQ 2021 conference call transcript after first reviewing the investor presentation, earnings release and 10-Q. We find a BDC still very much betwixt and between.