TCRD News and Press, THL Credit Inc. From 04/16/20

Current BDC Yields of 17% (Before Likely Cuts) Business Development Companies ("BDCs") continue to trade at depressed values for many reasons including being considered small/micro-cap, financial sector, and high-yield all of which have been subject to indiscriminate selling (including m...

BOSTON, April 09, 2020 (GLOBE NEWSWIRE) -- THL Credit, Inc. (NASDAQ: TCRD) (the “Company"), announced today that it will report its financial results for the first fiscal quarter ended March 31, 2020, after the market closes on Thursday, May 7, 2020. The Company will host a confer...

Investing in BDC Notes and Baby Bonds I often take advantage of market dislocation such as this to invest higher up in the capital structure of Business Development Companies ("BDCs") including investment-grade Notes and Baby Bonds. S&P Global Ratings recently assigned and affirmed BBB...

BDC Stock Price Declines Business Development Companies ("BDCs") got hammered this month along with other higher-yield credit-related investments for many of the reasons discussed below. It is important for investors to understand that BDCs are mostly retail-owned and many of the investo...

Gainers:  Top Ships (NASDAQ: TOPS ) +115% . More news on: Top Ships Inc., THL Credit, Bio-Path Holdings, Inc., Stocks on the move, , Read more ...

Introduction In this monthly article, I review all the baby bonds, listed on a national exchange, sorted into several categories. There are 192 issues in our database that trade on primary exchanges. Since there is no common ETF for baby bonds only, I'll examine the two largest primary excha...

THL Credit (TCRD) Q4 2019 Earnings Conference Call March 6, 2020 09:30 AM ET Company Participants Lauren Vieira - Director of Investor Relations Chris Flynn - Chief Executive Officer Jim Fellows - Chief Investment Officer Terry Olson - Chief Operating Officer and Chief Financia...

BOSTON, Feb. 12, 2020 (GLOBE NEWSWIRE) -- THL Credit, Inc. (NASDAQ: TCRD) (the “Company"), announced today that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2019, after the market closes on Thursday, March 5, 2020. The Company will...

Rethinking Portfolio Allocations WisdomTree and Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School, are encouraging investors to consider alternatives to the traditional "60% stock, 40% bond allocation" in this recent CNBC interview : We...

BOSTON, Feb. 06, 2020 (GLOBE NEWSWIRE) -- First Eagle Alternative Credit, LLC today announced the final closing of its fourth middle-market direct lending fund, THL Credit Direct Lending Fund IV (“Fund IV”), with $782 million of available investment capacity including levera...