MRCC News and Press, Monroe Capital Corporation From 02/03/21

When the pandemic hit last year this higher yield sector took a huge pricing hit with dividend yields soaring to 30% to 40%. The average dividend yield among Business Development Companies ("BDCs") was around 20% for most of March 2020. I was actively making purchases during this ...

CHICAGO, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it has closed a public offering of $130 million aggregate principal amount of 4.75% notes due 2026 (the “Notes”). The Co...

On January 13, 2021, ARCC closed an offering of $650 million of its 2.150% unsecured notes. Included in the SEC filings related to the offering were Q4 2020 preliminary results. This article discusses the details included in the SEC filings as well as portfolio credit quality and rece...

Monroe Capital (MRCC) prices a public offering of $130M aggregate principal amount of 4.75% notes due 2026 on January 15, 2021. The notes will mature on February 15, 2026, and may be redeemed in whole or in part at any time or from time to time at the company’s option at par plus ...

Monroe Capital (MRCC) prices a public offering of $130M of 4.75% notes due 2026.MRCC plans to use the proceeds to redeem all of its outstanding 5.75% notes due 2023 and to repay a portion of the amount outstanding under its credit facility.However, it may re-borrow under its credit ...

CHICAGO, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it priced a public offering of $130 million aggregate principal amount of 4.75% notes due 2026 (the “Notes”) on January 15, 2021. The Notes w...

Monroe Capital has seen sequential improvements to its NAV/share, and the new dividend rate is fully covered by NII. Its leverage is below management's target range, and it has an active deal pipeline. I highlight some key risks and show why I believe the shares are reasonably val...

As a follow-up to "Oasis Of Dividends From This 10.8% Yielding Sector," this article discusses return and expense ratios for BDCs many with sustainable dividend yields of 8% to 12%. Each quarter, I assess which BDCs have the highest return ratios and why. BDCs with lower expenses ...

The average BDC is currently yielding 10.8% with an average dividend coverage ratio of 110% for Q3 2020 and improving net interest margins. This article discusses one of the BDCs that I recently purchased currently yielding 12.1% annually taking into account the special dividend annou...

October 9 to December 15 readers mentioned 40 equities in their comments. Some lamented bad news, so bad news investments (rogues) mixed with (mostly) favorites. Ten analyst-target-estimated TOP-NET-GAIN reader faves & rogues (ReFa/Ro) MET, PFE, SU, CSCO, FSK, PNNT, MRK, EPD, CHMI...