BDC prices slumped slightly on the day. BDC earnings season began with one disappointing result and one as expected. Also, we were surprised by a very inexpensive unsecured debt offering by a well regarded BDC.
Hercules Capital announces IIIQ 2021 distributions. We compare the likely payout for 2021 with 2020 and 2019 and wonder about 2022.
First day of the last week of the month and BDC stock prices – and the markets – are on the rise, with BDC earnings season twenty four hours away. Also a smaller BDC is buying back its stock.
A SPAC gobbles up a BDC portfolio company.
A week that began with high drama where BDC prices were concerned settled down by week’s end. However, IIQ 2021 BDC earnings season is upon us and anything could happen.
The BDC Reporter sees two main issues worth keeping an eye out for when Ares Capital reports IIQ 2021 earnings shortly.
Three was not the charm for BDC stock prices, dropping after two consecutive days of increases. Still, the sector remains very close to its highs, along with the major indices.
The BDC Reporter previews the key questions worth asking when Oxford Square reports IIQ 2021 results.
After Monday’s price slump, the BDC sector has recovered for a second day in a row. With little new developments to review, we have undertaken a BDC earnings preview and a credit update of a BDC portfolio company.
The BDC Reporter spells out the questions investors should be asking when Apollo Investment reports mid-year 2021 results. This will be a pivotal quarter for the BDC.
BDC sector prices gained substantially after doing the opposite the day before. Is this drawdown over or have we just begun ? Plus, a BDC raises its dividend and boost its price and two Baby Bonds get early redemption dates.
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.