Tag: bdcs
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In a warning sign, analysis shows publicly traded credit funds are unprofitable
(Corrects share price graphic by switching line labels)By Nell Mackenzie and Iain WithersLONDON, July 1 : The majority of publicly traded business development companies (BDCs) — the visible part of the private credit market — have turned unprofitable due to falling asset values and rising costs, a
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Analysis:In a warning sign, analysis shows publicly traded credit funds are unprofitable
LONDON, July 1 : The majority of publicly traded business development companies (BDCs) — the visible part of the private credit market — have turned unprofitable due to falling asset values and rising costs, a Reuters analysis shows, in the latest sign of pressure building in this highly leveraged corner of fin
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