BDCs Issue Low-Yield Bonds

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What would you want to be paid to lend to a BDC? It appears the answer is somewhere between 3.75% and 4.5%, based on recent filings by three BDCs that have dipped their toes into the convertible bond market. Hercules … Continued

This Week in BDCs — 12/17/2016

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The Top 5 Stories in BDC Stocks American Capital (ACAS) shareholders agree to its merger with Ares Capital Corporation (ARCC). This was the expected outcome, but it’s still newsworthy. This is Ares Capital’s second big merger in its history. Can … Continued