BDC Market Agenda: Thursday May 27, 2021
Premium Free Activist News Debt Investor Dividend Best IdeasBDC 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 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.
Only a couple of news developments in the BDC sector to discuss, but there was plenty of movement where common stock prices were concerned.
The BDC Reporter’s daily Market Agenda is back after a brief hiatus, reviewing last Friday’s biggest news and what is coming up.
Stellus Capital had a “solid” IQ 2021 and more of the same seems to be forthcoming in the quarters ahead.
Price-wise, the BDC Fixed Income sector barely budged during an otherwise hectic week. However, two new offerings leave open the prospect of even more changes to the composition of the sector.
BDC sector prices went on a roller coaster ride and ended up (almost) in the same place. We discuss what did – and did not – happen during a wild week for the markets.
The BDC Reporter annotates Great Elm Capital’s most recent earnings conference call, and wonders whether the BDC is headed in the right direction.
The BDC Reporter provides a brief update on what we’ve been working on as sector prices have tumbled for three days in a row. We will be on vacation for a few days but will continue to publish several new annotations of BDC conference calls. .
Oaktree Specialty Lending announces a large unsecured note offering at a low yield. We review the implications for the BDC and its shareholders.
The BDC Reporter annotates Goldman Sachs BDC’s IQ 2021 conference call transcript and reviews earnings, credit and what’s to happen to the distribution.
The median price of public BDC debt moved down on the week, but not far. We also discuss what we learned from BDC conference calls about the outlook for multiple debt issues.