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2 BDCs Offering Monthly Income at Yields Above 1o%

In yesterdays post, Fitch comfirmed that the business development company’s would remain stable throughout 2011 as recent capital raises and leverage reductions have provided ample investment capital to deploy and improved overall operating flexibility. BDCs lend to and invest in companies in connection with investments by private equity sponsors. Basically, they makes loans at a …

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Outlook for Business Development Companies (BDCs) is Stable for 2011

Fitch Ratings’ outlook for U.S. business development companies (BDCs) is Stable for 2011, as recent capital raises and leverage reductions have provided ample investment capital to deploy and improved overall operating flexibility. Fitch expects portfolio originations to outpace repayments for the full year, should risk-adjusted returns remain attractive in the market, which should support growth …

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