Cash has exited retail loan funds for months, as investors worry rates will not rise anytime soon. Source: Lipper FMI… Subscribe to Read MoreAlready a member? Log in here...

Reported cash flow growth from publicly filing leveraged loan issuers is improving, but off from immediate post-crisis period…. Subscribe to Read MoreAlready a member? Log in here...

As a pure yield matter, the average BDC has been a significant better play than single-B high yield bonds, with that spread widening…. Subscribe to Read MoreAlready a member? Log in here...

While market values for BDCs have recovered after October’s slump, they remain at a significant discount to both high-yield and leverage loan plays…. Subscribe to Read MoreAlready a member? Log in here...

A breakout of BDC asset categories shows more first-lien and second-lien investments.   Source: Wells Fargo Securities LLC… Subscribe to Read MoreAlready a member? Log in here...

Follow-on equity offerings have been key to BDC’s on-going access to long-term capital.   Source: Wells Fargo Securities LLC… Subscribe to Read MoreAlready a member? Log in here...

Business development companies raised more capital since the Great Recession than in all the years preceding it…. Subscribe to Read MoreAlready a member? Log in here...

Middle market issuance this year for second liens is skewed to higher growth industries, with technology leading the way. Source: Thomson Reuters LPC… Subscribe to Read MoreAlready a member? Log in here...

While some metrics of highly leveraged loans for new buyouts are approaching 2007 levels, by other measures, the market is at more reasonable levels…. Subscribe to Read MoreAlready a member? Log in here...