CGBD News and Press, TCG BDC Inc. From 01/22/20

NEW YORK, Jan. 22, 2020 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (“TCG BDC”) (NASDAQ: CGBD) will host a conference call at 8:30 a.m. EST on Wednesday February 26, 2020 to announce its fourth quarter 2019 financial results. A news release containing the quarterly results will be issue...

The following article is a follow-up to " Building A Retirement Portfolio With 6% To 9% Yield: Part 2 " that compared Capital Southwest ( CSWC ) and TCG BDC, Inc. ( CGBD ). Also briefly discussed near the end is its Baby Bond that trades publicly on the NASDAQ under the symbol “CS...

Last year, I presented a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") including: Part 1 discussing Monroe Capital ( MRCC ), Owl Rock Capital Corporation ( ORCC ), and TPG Specialty Lending ( TSLX ). Part 2 dis...

Commentary In my 2018 Full Year Report , I stated the following; “The last time the portfolio performance went negative in 2015, the following year the portfolio went up 26%. The same performance condition setup is happening again. Will we get a big price jump in 2019? I do no...

TCG BDC (NASDAQ: CGBD ) issues $115.0M of 4.75% notes due 2024 at par. More news on: TCG BDC, Inc., Financial stocks news, Read more ...

NEW YORK, Dec. 30, 2019 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “TCG BDC” or the “Company”) (NASDAQ: CGBD) today announced that it has issued $115.0 million aggre...

Taxes and Business Development Companies ("BDCs") Business Development Companies ("BDCs") were created by Congress in 1980 to give investors an opportunity to invest in private small and mid-sized U.S. companies typically overlooked by banks. Their non-bank structure gives them the flexi...

NEW YORK, Dec. 20, 2019 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “TCG BDC” or the “Company”) (NASDAQ: CGBD) today announced that its Board of Directors declared a ...

In October, I presented a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding over 10% and their safer baby bonds/preferred shares currently yielding around 6%. Part 1 discussed Monroe Capital ( MRCC ), Owl...

On December 9, 2019, Goldman Sachs BDC ( GSBD ) announced a merger of GSBD and MMLC, an affiliated BDC managed by Goldman Sachs Asset Management, L.P. ("GSAM"). The transaction will result in increased earnings, special dividends in 2020, increased diversification, reduced non-accruals, appr...