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CGBD - TCG BDC Is Riskier Than You Think
October, 01 2020 05:29 AM
TCG BDC Inc.
The pandemic exposed weaknesses in CGBD's investment portfolio after sales decreased by 20% in the second quarter. A new internal risk system shows that 30% of investments are at risk of default. CGBD's fragile portfolio, new dividend categorization, and previous ominous comments from the CEO are signs that the company might lower dividends. For further details see:
TCG BDC Is Riskier Than You Think
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