CGBD News and Press, TCG BDC Inc. From 06/16/20

As we all know very well, the coronavirus has shut down economic activity across the world, impacting nearly all businesses, but hitting small businesses especially hard. This has had a direct effect on the balance sheets of business development companies (or BDCs for short). For the uniniti...

NEW YORK, June 15, 2020 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “TCG BDC” or the “Company”) (NASDAQ: CGBD) today announced that due to the public health impact of...

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. The following slide from ARCC breaks out many of the requirements of the BDC/RIC structure inclu...

Reader Selections Since May 2017, any dividend-paying stock mentioned in a message, e-mail or comment to the author is fair game for a reader favorite listing in this series of articles. Thus, it is possible that only rogues and discontinued, or dreadful, doubtful dividend issues may appea...

It is looking more and more as if the markets might look to retest some of the March lows, or at least scare us into thinking it will. With unemployment continuing to build, the fear of a second wave of COVID-19 and the craziness of the government spending/printing money, we find ourselves liv...

Article Follow-Up As mentioned last month in " Picking Winners And Losers In The 18% Yielding BDC Sector ," Business Development Companies continue to trade at depressed values for many reasons including being considered small-cap, financial sector, and high yield, all of which have been...

Image source: The Motley Fool. TCG BDC, Inc.   (NASDAQ: CGBD) Q1 2020 Earnings Call May 6, 2020 , 11:00 a.m. ET Operator Continue reading

TCG BDC, Inc. (CGBD) Q1 2020 Earnings Conference Call May 06, 2020, 11:00 ET Company Participants Daniel Harris - Head, IR Linda Pace - Chairperson, CEO & President Taylor Boswell - CIO, Direct Lending Thomas Hennigan - CFO & Chief Risk Officer Conference Call Partic...

TCG BDC (NASDAQ: CGBD )  climbs 5.1%  as actions it has taken since Q1 end "bring our net financial leverage back in-line with our targeted range and also reinforce the flexibility of our balance sheet as we manage through a highly uncertain environment," said CEO Linda Pace. Mor...

TCG BDC (NASDAQ: CGBD ): Q1 NII of $0.42 beats by $0.02 . More news on: TCG BDC, Inc., Earnings news and commentary, Financial stocks news, Read more ...