The write-downs mainly came from three equity positions and one debt investment.
3 min read · 17 May 2018
Two private mezzanine managers and one business development company were also among the backers of a $60m prepetition ABL backing the firm’s buyout.
2 min read · 16 May 2018
The mid-market lender said it could gain access to additional capital through an equity offering or upping its current leverage profile, but has opted not to in the interest of caution.
2 min read · 14 May 2018
The publicly traded vehicle reported a GAAP earnings per share of $0.57.
2 min read · 10 May 2018
The New York-based BDC also shed all of its non-accruals over the quarter.
2 min read · 10 May 2018
The BDC posted net realised and unrealised losses of $32.36m, which included a $23.33m realised loss.
2 min read · 10 May 2018
The fund will invest $5m-$25m for each transaction.
2 min read · 26 April 2018
The firm anticipates raising its next junior debt investment vehicle later this year.
3 min read · 26 April 2018
The department store chain is just the latest retailer that failed to reorganise in bankruptcy.
2 min read · 20 April 2018
The credit investing behemoth ceased providing investment advice to the FS BDCs earlier this month, but the firm believes it will replace that capital within the next few years.
2 min read · 19 April 2018
