Moody’s: BDCs to withstand severe downturn
High equity cushions should protect unsecured creditors in business development companies (BDCs) in case of a severe downturn, a stress-test by rating agency Moody’s has found. Moo...
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High equity cushions should protect unsecured creditors in business development companies (BDCs) in case of a severe downturn, a stress-test by rating agency Moody’s has found. Moo...
Investcorp Credit Management BDC (ICMB) ($17MM market cap) is a distressed subscale BDC that was forced to refinance maturing debt in March with an affiliate of the external manage...
Non-traded business development companies (BDCs) rated by Fitch are well-positioned to meet investor redemption requests over the next 12 months, the ratings agency has said. Accor...
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