Midcap Financial: Issuing New Baby Bond
Premium Free Activist News Debt Investor Dividend Best IdeasYet another BDC taps the public “Baby Bond” market. We review both the micro and macro consequences.
Yet another BDC taps the public “Baby Bond” market. We review both the micro and macro consequences.
In a surprise announcement, MidCap Financial has announced its intention to acquire two closed-end funds from within the Apollo universe.
We assess the likely realized losses to be booked by two BDCs in the wake of a debt-to-equity restructuring of an engineering company.