2024-02-16 20:35:38 ET
Summary
- We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching.
- BDCs were down around 1% with PSEC leading the downside on disappointing earnings.
- There has been a flood of BDC IPOs, with several new entrants offering compelling returns and shareholder-friendly fee structures.
- We highlight ARCC and GBDC earnings.
Welcome to another installment of our BDC market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market....
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For further details see:
BDC Weekly Review: New BDCs Coming To Market