Leveraged Loan Insight & Analysis – 6/20/2022

BDC portfolio company earnings outlook for 2022 weakens

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The outlook for BDC portfolio company earnings has weakened in recent months, according to the Refinitiv LPC BDC Outlook June Survey. With companies facing higher costs in the current inflationary environment and heightened fears around slowing economic growth, survey respondents say that the biggest challenge facing BDCs this year is weaker portfolio company performance.