What is happening at Hercules Capital (HTGC) is the BDC Story Of The Year so far. There are implications here not only for HTGC’s shareholders, lenders and borrowers, as well as for the BDC Sector generally. What’s more, we are still in the early innings just twelve days into this drama. Let’s review the chronology, and the BDC Reporter’s evolving views:
Topics: BDC
The middle market is blowing away most preconceived notions of what can and can’t clear the market today. Leverage offers one measure of how accommodating the market is, and while the numbers don’t show it, the shadow market has set new outer limits for highly regarded, sponsored names.
Topics: Loans, Middle Market, BDC
Apollo Investment Corp. (AINV) filed 4Q16 results yesterday including debt investments at 13 new portfolio companies. Click here to dive into Apollo New Investments courtesy of our BDC Database.
Topics: BDC, business development company, New Issues
Topics: Middle Market, BDC, First Lien
What will a Trump administration mean for Business Development Companies? The BDC Equity Analysts at Janney Montgomery address this topic and more in their 3Q16 wrap up.
Topics: BDC, janney montgomery, business development company
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