Ares Capital: Portfolio Company Files Chapter 11
Premium Free Activist News Debt Investor Dividend Best IdeasA portfolio company of Ares Capital – and 3 other BDCs – has filed for bankruptcy. We review the likely impact of this credit setback.
A portfolio company of Ares Capital – and 3 other BDCs – has filed for bankruptcy. We review the likely impact of this credit setback.
We are writing credit summaries for every BDC that has reported IVQ 2023 results. These summaries accompany one of the BDC Reporter’s top SubScriber Tools: the BDC Credit Table. We have just completed a credit update for Barings BDC. That’s 12 completed.
Combining both disclosures from Ares Capital and independent analysis from the BDC Credit Reporter, we undertake a top to bottom credit review of the largest BDC.
Five different BDCs are tapping the markets for unsecured, medium term debt – each in a different way. We review the details and explain why this is important.
We’re re-publishing the BDC Credit Reporter’s just-published credit review of Ares Capital following the BDC’s recent publication of its IIIQ 2023 results.
We compare our preview of Ares Capital’s IIIQ 2023 results against its just-announced actual performance.
Ares Capital has announced the date for its IIIQ 2023 earnings release. We have summarized expectations for the key metrics the BDC will report.
We can now report how many companies in the Ares Capital portfolio are on non-accrual. When added to the data already purloined from the BDC’s latest 10-Q, the credit picture is very clear.
There was one bankruptcy this week and two BDCs reported their latest portfolio valuations. We learned a great deal , and updated the BDC Credit Table with the latest data.
Ares Capital has just completed an expensive unsecured note offering. The BDC Reporter dares to ask why now?
The new week begins with the Chapter 11 bankruptcy of a Ares Capital portfolio company and may cause a record loss for 2023-to-date.
Re-published from the BDC Credit Reporter is a IQ 2023 credit review for the largest BDC out there – Ares Capital. The data and commentary are almost completely drawn from the BDC itself and is part of a series Credit Reporter is undertaking.
There were no new bankruptcies of public BDC-financed companies this week, but there were two new non-accruals and a well-known business reaching the brink of failure. We also had a first look at Ares Capital’s IQ 2023 credit results.
Did Ares Capital hit its mark when reporting IQ 2023 results or fall somewhat short? The BDC Reporter takes a look at the entire picture and comes away with a clear-cut conclusion.
We analyze Ares Capital’s latest secondary stock offering now that the new stock has been priced. We also doff our hat to the BDC and explain why.