CGBD News and Press, TCG BDC Inc. From 05/03/22

TCG BDC (NASDAQ:CGBD): Q1 GAAP EPS of $0.53 beats by $0.12. Total investment income of $47.51M beats by $4.24M. For further details see: TCG BDC GAAP EPS of $0.53 beats by $0.12,

April dividend yield increased a bit to 4.8%, with income down a bit by 0.6% from 2021 and down 2.6% from Jan 2022 Q1. RIG value is green, up 4.2% YTD and holds the advantage by 17.5% over the S&P 500 which was down 8.8% for April and 13.3% YTD. Transactions were 1 sell, 1 buy...

We take a look at the action in BDCs through the third week of April and highlight some of the key themes we are watching. The income space had a tough week, and BDCs did not escape unscathed, with a 1% drop. We take a look at whether the coming BDC income increases are likely ful...

Interest rates are rising and this article discusses the BDC sector currently yielding between 6% and 11% that will benefit. This article discusses FDUS currently yielding 9% and will continue to outperform the others. FDUS is well positioned for higher interest rates with 100% fi...

Interest rates are rising and this article discusses the BDC sector currently yielding between 6% and 11% that will benefit. This article compares two of them managed by PennantPark, one of which I'm predicting another dividend increase and is likely a Buy at these prices. These B...

NEW YORK, April 14, 2022 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”, formerly known as TCG BDC, Inc.) (NASDAQ: CGBD) will host a conference call at 8:30 a.m. EDT on Wednesday, May 4, 2022 to announce its first quarter 2022 financial resul...

TCG BDC (NASDAQ:CGBD) has changed its name to Carlyle Secured Lending, effective Monday, reflecting Carlyle's 21-year  "investment heritage in credit markets," the company said. Carlyle Secured Lending (CGBD) is a publicly traded business development company that is externally managed by...

NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc (“Carlyle Secured Lending” or “the Company”) today announced that Taylor Boswell, Carlyle Secured Lending Chief Investment Officer, will assume the role of President of the Company and will...

New Name Effective April 11th, 2022 NASDAQ Ticker to Remain CGBD NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (“TCG BDC”) today announced that it will change its name to Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”,...

We take a look at the action in preferreds and baby bonds through the last week of March and highlight some of the key themes we are watching. Preferreds joined the broader recovery this week across the income space, pushing March returns into the green. Issuers, particularly thos...