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LBDC - BDCs turn to IG bonds to refinance their debt
UBS AG London Branch FR SP ETRACS REDEEM 24/05/2041 USD 25 - Ser B
Recently, Ares Capital (ARCC-0.5%) and Goldman Sachs BDC (GSBD-0.1%), business development companies that lend to mid-sized companies, are turning to the U.S. investment-grade bond market to refinance their own debt loads.
More news on: Ares Capital, Goldman Sachs BDC, Golub Capital BDC, Financial stocks news, News on ETFs,