A quick update to an earlier Stock Watch of Garrison Capital, as the dividend cutting BDC reaches a new low.
Now that OHA Investment has reported its quarterly results, we revisit our earlier preview of the key issues and see how things turned out at the struggling BDC whose earnings do not cover its two cents a quarter distribution.
Gladstone Capital closes out its fiscal year with a set-back, discussed at length – along with many other issues – in its Conference Call, to which we’ve added the BDC Reporter’s notes and comments.
Two BDCs are at historic new lows. The BDC Reporter details just how low, and reviews the reasons why and what might happen next.
The BDC Reporter reviews Great Elm Corporation’s results, offering much analysis and views of the upside and downside for investors.
The BDC Reporter highlights and annotates TPG Specialty’s third quarter 2018 Conference Call’s question and answer session. The main subject ? What to do with the $0.36 quarterly dividend going forward.
Week Three of the BDC Reporter’s preview into what’s coming up in the BDC common stock and debt markets through November 16. With sector prices on the rebound; 5 BDCs about to report results and the bond market active, there’s plenty to discuss.
BDC Fixed Income prices were as stable as they could be in the week ended November 9, 2018. However, there was plenty of chopping and changing going on in the group.
Week Two of BDC earnings season was also the second week of a rally in prices. We investigate the strange dynamics of BDC market pricing, both this week and historically.
The second week of BDC earnings season did not go as well as the first week. Several BDCs reported disturbing developments worth looking into, which we do.
The BDC Reporter provides running commentary to TPG Specialty’s third quarter 2018 Conference Call transcript. This is Part I of II. Here we cover prepared remarks. Next: the Q&A.
Monroe Capital’s management on their latest Conference Call make a surprise admission about one of their portfolio companies and raises a host of credit questions.
The BDC Reporter adds analysis to the just published Capitala Finance Conference Call transcript, hot off the word processor.
In a press release, Gladstone Investment announces a loan repayment and equity gain. We provide a host of additional details about the transaction and it’s likely impact and review longer term trends at the BDC.
BDC Fixed Income hangs in there. However, developments at Gladstone Capital and elsewhere foretell changes to come.
The BDC Sector bounces back after 5 weeks of decline. Just a head fake on the way to new record lows or the beginning of a new rally ?
The BDC Reporter provides news, views and analysis to the just published Fidus Investment earnings transcript, trying out a new format for our readers.
At Hercules Capital everything old is new again, with a major asset securitization at a favorable rate. A useful example of what might lie ahead elsewhere in a debt hungry BDC sector.
The BDC Reporter discusses highlights from Apollo Investment’s latest reporting.