Late in the second quarter of BDC earnings season, Oaktree Specialty Lending surprised the BDC Reporter, resulting in a key re-rating of the BDC’s outlook for the future.
Goldman Sachs BDC maintains its dividend unchanged after a better-than-some-expected IIQ 2020 financial performance. The BDC Reporter provides an update.
In a surprise development Barings BDC is acquiring MVC Capital. Here’s the BDC Reporter’s First Look, with a full review to follow a planned conference call.
Pretty much everything that could go wrong for Garrison Capital in the IIQ 2020 did so, starting with a two-thirds cut in the dividend.
FS-KKR Capital reported IIQ 2020 results which – at first approach – seemed neither very good nor very bad, as we explain.
Oaktree Strategic Income’s Net Asset Value Per Share increased sharply in the second quarter. The rest of the numbers we use to evaluate the BDC ? Not so much.
The BDC Reporter collects all the stories from a very busy second week of BDC earnings season
BDc Fixed Income prices are getting very close to returning to par pricing, or better. Still, a few BDC issuers have been left behind, as discussed herein. The future for BDC unsecured debt issuance, though, looks bright.
With a little bit more time on our hands, we take a first look at recently renamed and re-branded First Eagle Alternative Capital BDC (yes, that is the full name given) after second quarter 2020 results are posted. Unfortunately, we worry that the future might be like the past.
Monroe Capital’s second quarter 2020 results were boosted by a one time gain, but progress is undeniable. However, questions remain about what lies ahead.
Great Elm’s second quarter 2020 results were not encouraging. The BDC continues to face major challenges and management is mulling a change in strategy…
The second week of BDC earnings season was received warmly by investors in just about all cases. The BDC Reporter discusses the key movers and projects what might happen through the rest of 2020.
The BDC Reporter scores Medley Capital’s IIQ 2020 results report card with a rating higher than you might have expected.
The BDC Reporter annotates the Apollo Investment IIQ 2020 conference call transcript after another poor quarter and a major dividend cut.
The BDC Reporter was in two minds about how to rate Bain Capital Specialty Finance’s IIQ 2020 financial performance. We explain the decision made in the context of the information available in the press release and investor presentation, both attached.
BlackRock TCP Capital does everything right in the IIQ 2020 results, with one notable exception. Here is the BDC Reporter’s first look.
The IIQ 2020 results of Portman Ridge Financial contained both positive and less positive developments, as the BDC Reporter found on taking a first look.
The BDC Reporter scores the Barings BDC IIQ 2020 report card after a first look at the earnings release and investor presentation, but before reading the 10-Q or listening to the conference call.
An off-the-cuff look at PennantPark Investment’s IIQ 2020 results before we learn more about its proposed new JV is spun off.
The BDC Reporter annotates the Ares Capital IIQ 2020 conference call transcript.