TSLX - Ares Capital Finally A Buy: Did You Miss It?
- I currently have 16 BDC positions including ARCC which I continue to purchase additional shares of as I believe that this is one of the "higher-quality" BDCs.
- ARCC is up more than 9% since my purchase two weeks ago and this article discusses if it's still a Buy.
- On Sept. 23, ARCC issued additional unsecured notes at a premium with a very low yield-to-maturity of 3.569%. Many BDCs have done the same, likely driving maintained or even higher earnings.
- Included in the SEC filings related to the notes offering were preliminary results discussed in this article and used for updated dividend coverage projections.
For further details see:
Ares Capital Finally A Buy: Did You Miss It?