CGBD News and Press, TCG BDC Inc. From 03/03/22

20 Dividend payments increased income 22.2% over Feb 2021 and raised forward income by 19.5%. Portfolio value is up 1.9% ytd, up 19.9% from Feb 2021, 23.2% from Jan 2021 and up 0.14% from last month. Complete listing of all 89 RIG companies and when they make their dividend paymen...

We discuss Q4 results from CGBD and highlight key income dynamics. CGBD had a solid quarter with a rise in both NAV and NII; it also raised the special dividend by a penny in Q1 - its third consecutive hike. A low valuation of 83% appears to price in an elevated level of non-accru...

TCG BDC, Inc. (CGBD) Q4 2021 Earnings Conference Call February 23, 2022 11:00 AM ET Company Participants Allison Rudary - Head of Investor Relations Linda Pace - Chief Executive Officer Taylor Boswell - Chief Investment Officer Tom Hennigan - Chief Financial Officer Conference Call Participan...

The following slide deck was published by TCG BDC, Inc. in conjunction with their 2021 Q4 earnings call. For further details see: TCG BDC, Inc. 2021 Q4 - Results - Earnings Call Presentation

TCG BDC press release (NASDAQ:CGBD): Q4 GAAP EPS of $0.22 misses by $0.16. Revenue of $43.97M misses by $0.13M. For further details see: TCG BDC GAAP EPS of $0.22 misses by $0.16, revenue of $43.97M misses by $0.13M

NEW YORK, Feb. 22, 2022 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “TCG BDC” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its fourth qu...

We take a look at the action in BDCs through the second week of February and highlight some of the key themes we are watching. The BDC sector was pretty flat on the week - not very exciting but more than we can say for the broader income space which was mostly in the red. The sect...

BDCs continue to outperform in an inflationary and rising interest rate environment as investors prepare for higher rates that are accretive to BDC earnings to support higher dividends. Many equity REITs and most mortgage REITs have had negative stock price performance over the last 2...

We take a look at the action in BDCs through the first week of February and highlight some of the key themes we are watching. The BDC sector has bounced back this week with the rise in short-end Treasury yields as well as stocks. We highlight some of the themes of this earnings se...

CGBD is a relatively new BDC which targets secured lending in the middle market. Strong liquidity and rising interest rates may continue to benefit the sector as most secured loans are floating rates. CGBD’s size and management structure are a performance drag, causing lagg...