TCRD News and Press, THL Credit 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...

Introduction: Over the coming months, I will have a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding over 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% t...

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...

Investing in BDC Baby Bonds This article is part of a series discussing Business Development Company ("BDC") Baby Bonds (also known as exchange-traded debt) for investors who would like to limit the amount of overall risk and pricing volatility in exchange for lower yields. These article...

Quick Article Follow-Up As mentioned earlier this month in " Heavily-Discounted Monthly Dividend Payer ," 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 ...

THL Credit's (NASDAQ: TCRD ) shareholders approve a new investment management agreement between the company and First Eagle Alternative Credit, formerly known as THL Credit Advisors. More news on: THL Credit, Financial stocks news, Read more ...

BOSTON, May 28, 2020 (GLOBE NEWSWIRE) -- THL Credit, Inc., (NASDAQ: TCRD) (the “Company”), a direct lender to middle market companies, today announced that its shareholders have approved entry into an investment management agreement between the Company and First Eagle Alte...

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...

THL Credit (TCRD) Q1 2020 Earnings Conference Call May 08, 2020, 09:30 AM ET Company Participants Sabrina Rusnak-Carlson - General Counsel and Chief Compliance Officer Chris Flynn - Chief Executive Officer Jim Fellows - Chief Investment Officer Terry Olson - Chief Operating Off...

The following slide deck was published by THL Credit in conjunction with their 2020 Q1 earnings Read more ...