BGSL Breckenridge Funding began the $400m facility with BNP Paribas in December.
2 min read · 03 January 2019
The strategy continues to grow as a focus for lenders, as many have seen an increase in demand for the option.
3 min read · 30 December 2018
Houlihan Lokey’s Jeff Hammer says that while there is a broad base of potential actors, that loans are repaid over a given period or refinanced likely constrains the size of the market.
2 min read · 29 December 2018
Moab Capital Partners joins two other shareholders that have come out publicly against the deal, meaning that approximately 9% of the total shares stand in opposition to the transaction.
3 min read · 18 December 2018
The buyer will contribute its incentive fees until the net investment income hits $0.40 per share.
2 min read · 17 December 2018
The origination of Guggenheim Credit Income Fund 2019 begins a new offering period for the BDC that will run through 2020.
2 min read · 12 December 2018
The vehicle had a successful shareholder vote to increase its debt-to-equity leverage from 1:1 to 2:1.
2 min read · 10 December 2018
The BDC has experienced steady losses for over four years, with a net asset value drop of 30% over the last fiscal year alone.
2 min read · 05 December 2018
While the merger of the publicly traded vehicles is set to be completed, the combination of their non-traded BDCs has been put on hold amid low stock-trading prices.
2 min read · 05 December 2018