TCRW News and Press, THL Credit Inc. 6.125% Notes Due 2023 From 06/10/20

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...

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 (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 ...

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...

The other day I covered business development companies in " BIZD: As High-Yield Credit Spreads Fall, BDCs Will Perform Well " that explained why I believe BDCs are a solid bet over the next few months and how the ETF BIZD is a decent way to make that bet. While I like BIZD, I believe that ...

According to Fidelity Investments , 57% of baby boomers (born between 1946 to 1964) who manage their own portfolios are holding more stock than the company would recommend – "largely due to the bull market of the last 10 years." Fidelity Investments says that baby boomers are over...

Over the coming months, I will be discussing baby bonds and p referred shares for business development companies ("BDCs") that currently yield around 6% (please see the list at the end of the article for individual Bonds/shares) and much less volatile than stocks (currently yielding 10%)....

What is a BDC? 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. Most BDCs are publicly traded with a highly transparent structure subject to oversig...