The second largest equity investment made by Capital Southwest has found a buyer. We review what details are available and weigh the benefits for the BDC. Updated with sales price.
Nothing to report on the BDC Fixed Income price front and only two minor debt raising developments. The big changes in this market remain in the (not so distant) feature.
Capital Southwest makes a point about its Supplemental Dividend, which only confirms the BDC Reporter’s Dividend Outlook.
Capital Southwest is seeking to raise more unsecured debt shortly after embracing a revised version of the new leverage rules. Is this the beginning of a trend in BDC Fixed Income ? We have a view.
Another good week for the BDC Sector and most of its constituents, as the rally marches on. We discuss myriad metrics and look at the length of the runway.
BDC Fixed Income prices do nothing very surprising on the week. However, the BDC Reporter is startled by Prospect Capital’s newest Baby Bond offering and its implications for the BDC debt market more generally.
Thank goodness for the BDC Reporter’s reputation as a sector psychic, the BDC rally rolled on. There’s room to run and reasons that could happen.
BDC Fixed Income loses a constituent, but the group as a whole remains stable, both in the short and medium term. We delve into our archives for perspective and compare with BDC common stock returns of late.
BDC common stocks had another tough week. Matters could get worse. Much worse, as we discuss. However, we end on an optimistic note.
BDC common stocks step away from the precipice, but only a couple of steps…