The BDC sector is getting busy with earnings releases, amended financing arrangements and credit developments. Most of the day’s update is devoted to what we’ve learned – or otherwise – from Capitala Finance’s earnings and conference call.
The second week of BDC earnings season is about to begin but the headline as of Monday morning relates to a new private unsecured debt offering and the upcoming redemption of a public Baby Bond.
The BDC fixed income sector continues to reach new price heights, but the future for BDC public debt is in doubt.
Week One of BDC earnings season saw the sector’s price rally continue. We discuss price highlights; discuss dividend policies and what’s coming next.
Another record price level for the BDC sector, and two more BDCs report earnings.
The BDC Reporter annotates its own preview of Horizon Technology’s IQ 2021 earnings now that the results are in.
As the BDC market remains at a high, we review highlights from two BDC conference calls. Also, two new BDCs are on deck to report after the close.
BDC earnings season begins with strong results from three very different BDCs as the sector remains at new price highs. We also share two important credit developments that affect multiple BDCs, drawn from the BDC Credit Reporter.
Plenty of BDC news items large and small to review and a new price record to note, as BDC earnings season gets going.
At the beginning of the first week of BDC earnings season, there are several interesting news items, including two proxies worth exploring.
The BDC fixed income sector brought all sorts of records this week with more likely to follow in the months ahead.
With BDC earnings season right around the corner, sector prices were mostly unchanged. We review some of the exceptions and look ahead to what’s coming up next week.
The BDC Reporter annotates the conference call discussing the proposed change of external manager at Capitala Finance and has some tough-to-swallow conclusions for shareholders of the BDC.
Out of the blue a BDC seeks to switch managers and two others prepare to merge, but all are related.
The BDC Reporter has several breaking BDC-related news stories to discuss in our daily summary, plus two important credit developments.
We review how a BDC stock dropped like a stone and analyze the latest unsecured debt offering of one of the largest players.
The new week begins with developments at two large-cap BDCs, a IQ 2021earnings preview for a small venture-debt BDC and word on who we’ll tackle next.
The BDC Reporter previews what we’ll be looking for in Horizon Technology’s upcoming IQ 2021 results.
BDC Fixed Income prices quietly reach a new record and PennantPark issues new unsecured debt that might – or might not – redeem its public Baby Bond.
As the BDC sector reaches historic price heights, the BDC Reporter is worrying a lot more.