bdc floating base rate december 31 2020

Announces Financial Results for the Quarter Ended September 30, 2020 . As of March 31, 2021, the Company had cash and cash equivalents (including foreign cash) of $37.7 million, $310.2 million of capacity under its JPM Credit Facility and $50 . In fact, many BDCs actually stand to benefit from a rise in base interest rates thanks to these floating rate loans paired with the fixed low rate debt that BDCs have issued over the last year. DECEMBER 31, 2020 FINANCIAL RESULTS Ares Capital also announced financial results for its fourth quarter and year . a floating rate 6. . The BDC base rate is currently set at 4.5%, and is a floating rate that changes with the Bank of Canada prime rate. 99.7%. Crescent Capital BDC, Inc. Reports December 31, 2021 Financial Results; Declares a First Quarter 2022 Regular Dividend of $0.41 per Share . As of December 31, 2021, the weighted average yield on our income-producing securities at amortized cost was 7.5% as compared to 7.6% in the prior quarter and 8% at December 31, 2020. Each financial institution sets its own prime rate, as a function of its cost of funding, which, in turn, is influenced by the target for the overnight rate set by the Bank of Canada. The Company's debt portfolio consisted of 96.9% floating rate investments and 3.1% fixed rate investments. As of December 31, . In August 2020, the company announced an increase in the quarterly dividend from $0.090 to $0.105, and on November 19, 2020, the dividend was increased to $0.110 paid on December 31, 2020, to shareholders of record on December 15, 2020. Investcorp Credit Management BDC, Inc. Feb 10, 2020, 17:10 ET. Interest will be calculated annually and will compound annually.. As of December 31, 2020, First Eagle Alternative Capital BDC had loans on non-accrual status with an aggregate amortized cost of $15.5 million and fair value of $7.4 million, or 3.9 percent and 2 . 1. and a realized gain on a non-core renewable investment Net asset value per share as of December 31, 2020 was $15.59 . Mon, Jan 3, 4:47 PM: Pennantpark Floating Rate Capital (PFLT) Shares Cross Above 200 DMA. Percentage of debt investments at floating rates. Interest is charged at the BDC Floating Base Rate + 5%, and you may prepay all or part of the outstanding principal. of 99.4% floating rate investments and 0.6% fixed rate investments. CALGARY, AB , Nov. 30, 2020 /CNW/ - Stampede Drilling Inc. ("Stampede" or the "Company") is pleased to announce the closing of a loan facility (the "BDC Facility") in an amount of up to $2 million pursuant to a letter of offer dated October 28, 2020 with the Business Development of Canada ("BDC"). The Company's debt portfolio consisted of 99.5% floating rate investments and 0.5% fixed rate investments. As of December 31, 2020, First Eagle Alternative Capital BDC had loans on non-accrual status with an aggregate amortized cost of $15.5 million and fair value of $7.4 million, or 3.9 percent and 2 . December 31, 2020 BDCQuarterly Financial Report - Third Quarter 2021 (ended December 31, 2020) 2 Executive Summary Canadian economic outlook The economic recovery continued in late 2020, although at a slower rate than in the third quarter. Percentage of debt investments at floating rates 98.5% 99.7% 98.4% . Record growth in Canada's venture capital industry in 2021, with 10-year returns at 14%: BDC Capital study may 24, 2022 BDC recertifies as a B Corp for the third time The net assets increased by $1.2 million or 1.13% for the quarter ended March 31, 2021 . The BDC Facility has an interest rate equal to BDC's floating base rate, currently at 4.55%, . At December 31, our stockholders' equity was $560 million, resulting in a net asset value per share of $19.88 as compared to $537 million or $19.07 per share at September 30, 2020, and $407 . annual report on Form 10-K for the year ended December 31, 2020, which Crescent BDC filed with the U.S . As of March 31, 2020, the weighted average yield on the investment portfolio at amortized cost and fair value was 7.3% and 7.6% (2), respectively. quarter ended December 31, 2020 of $0.15 . Business Wire Goldman Sachs BDC, Inc. ("GSBD" or the "Company") (NYSE: GSBD) today reported financial results for the fourth quarter ended December 31, 2020 and filed its Form 10-K with the U.S.. The outstanding balance of this loan at the end of the quarter was $23,200. Mon, Dec 20, 12:12 PM: Pennantpark Floating Rate Capital Becomes Oversold. Over 80% of loans, on average, in BDC portfolios feature a floating rate, making BDCs well-positioned to succeed in a rising interest rate environment. COVID-19 and related changes in base interest rates and significant market volatility . The Net Assets increased by $0.612mil or 0.56% for the quarter ended December 31, 2020 . starting with either the disbursement of Tranche 2 or October 31, 2020, whichever comes first. GSBD Goldman Sachs BDC Inc Goldman Sachs BDC, Inc. Reports December 31, 2020 Financial Results and Announces Quarterly Dividend of $0.45 Per Share. 98.5%. An additional loan from BDC of $350,000 was assumed in 2008 to acquire equipment for the new facility. As of December 31, 2021, the weighted average yield on our income-producing securities at amortized cost was 7.5% as compared to 7.6% in the prior quarter and 8% at December 31, 2020. The prime rate is set by financial institutions in a competitive fashion. If the convertible notes are . Low rate personal loans now available . ($ in millions, except per share amounts) Portfolio results: As of March 31, 2021 Total assets: $386.3 Investment portfolio, at fair value: $363.0 Net assets Dividend Declarations Ares Capital Corporation ("Ares Capital") (NASDAQ: ARCC) announced that its Board of Directors has declared a first quarter dividend of $0.40 per share. The BDC Floating Base Rate is subject to change. . On February 3, 2021, the Company's Board declared a . Mon, Jan 3, 4:47 PM: Pennantpark Floating Rate Capital (PFLT) Shares Cross Above 200 DMA. BOSTONBain Capital Specialty Finance, Inc. (NYSE: BCSF, the "Company", "our" or "we") today announced financial results for the fourth quarter and fiscal year ended December 31, 2021, and that its Board of Directors has declared a dividend of $0.34 per share for the first quarter of 2022. As of today, the BDC Floating Base Rate is 5.05%, making the All-In Rate 3.30%. Crescent Capital BDC . NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (together with its consolidated subsidiaries, "we," "us," "our," "TCG BDC" or the "Company") (NASDAQ: CGBD) today announced its financial results for its fourth quarter ended December 31, 2020. Pricing: BDC Floating Base Rate minus 1.75%. The BDC Facility has an interest rate equal to BDC's floating base rate . Note: "The Small Business Loan is offered at BDC's Floating Base Rate* of 5.05% (effective March 17, 2020) plus a variance ranging between 1% and 12%, which is confirmed once the loan is approved. . 2. bdc* December 16, 2019 . BDC Exchange Market Rates / = BTC/USD = 29901.6229 BTC/NGN = 18120383.4737 ETH/USD = 1782.6229 ETH/NGN = 1080269.48 LTC/USD = 62.2655 LTC/NGN = 37732.8878 XRP/USD = 0.3947 XRP/NGN = 239.2154 BCH/USD = 177.6562 BCH/NGN = 107659.6614 NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. ("GSBD" or the "Company") (NYSE: GSBD) today reported financial results for the fourth quarter ended December 31, 2020 and filed its Form 10-K. For the three months ended March 31, 2021, the weighted average interest rate on debt outstanding was 3.2%, as compared to 3.2% for the three months ended December 31, 2020. subject to borrowing base and other limitations. As of December 31, 2020, First Eagle Alternative Capital BDC had loans on non-accrual status with an aggregate amortized cost of $15.5 million and fair value of $7.4 million, or 3.9 percent and 2 . . 1; . To be eligible for the $40,000 additional BDC loan through BDC, entrepreneurs must be aged between 18 and 39 and demonstrate that the business has been fully operating for fewer than 12 months. Percentage of debt investments at floating rates. "The Note Purchase Agreement contains other terms and conditions, including, without limitation, affirmative and negative covenants such as (i) information reporting, (ii) maintenance of the Company's status as a BDC, (iii) minimum shareholders' equity of 60% of the Company's net asset value as of the year ended December 31, 2020 plus 50% of the net cash proceeds of the sale of certain . The prime rate, or prime lending rate, is the interest rate a financial institution uses as a base to determine interest rates for loan products. . 99.7% of the Company's debt investments at fair value were in floating rate securities.. As of March 31, 2020, two portfolio companies were on non-accrual status, representing 1.7% and 1.1% of the total investment portfolio at cost and fair value . increased from $71.1 million for the year ended December 31, 2020 to $85.7 million for the year ended December 31, 2021. . As of December 31, 2020, First Eagle Alternative Capital BDC had loans on non-accrual status with an aggregate amortized cost of $15.5 million and fair value of $7.4 million, or 3.9 percent and 2 . The first quarter dividend is payable on March 31, 2021 to stockholders of record as of March 15, 2021. 99.7% of the Company's debt investments at fair value were in floating rate securities.. As of March 31, 2020, two portfolio companies were on non-accrual status, representing 1.7% and 1.1% of the total investment portfolio at cost and fair value . 98.4 . PENNANTPARK FLOATING RATE CAPITAL LTD. (Exact name of registrant as specified in its charter) . warrants, and other investments. Crescent BDC is a business development company that seeks to maximize the total return of its stockholders in the form of current income and . FORM 10-Q FOR THE QUARTER ENDED DECEMBER 31, 2020 . As of December 31, 2020, First Eagle Alternative Capital BDC had loans on non-accrual status with an aggregate amortized cost of $15.5 million and fair value of $7.4 million, or 3.9 percent and 2 . Quarterly Highlights. Of these commitments, 83% were in floating rate debt securities, of which 95% contained interest rate floors and 2% were in the subordinated certificates of the SDLP. As of September 30, 2021, the weighted average yield on the investment portfolio at amortized cost and fair value were 7.5% and 7.6%, respectively, as compared to 7.5% and 7.7%, respectively, as of June 30, 2021. Weighted average yields include the effect of accretion of discounts and amortization of premiums and are based on interest rates as of December 31, 2020. As of December 31, 2020, First Eagle Alternative Capital BDC had loans on non-accrual status with an . . . . and other investments . Wed, Dec 15, 1:05 PM: All fees are to be made via electronic payment at this time (no physical cheques). Interest: Interest will be the BDC base rate plus 4%. (dollar amounts in thousands, except per share data) December 31, 2019 September 30, 2019: Total investments, at fair value $ 2,123,964 $ 2,126,688 Quarter Ended September 30, 2020. The interest rate on this loan is based on BDC's Floating Base Rate plus 1.8% over a term of 8 years. December 31, 2020 of $0.15 per share, payable on January 4, 2021, to stockholders of record as of December 10, 2020, . Announces Monthly Distribution of $0.095 per Share. $2,356.7. producing securities and the spread over LIBOR on our floating rate debt investments. For the year ended December 31, 2020, the Company invested $352.4 million across 24 new portfolio companies, 10 existing portfolio companies and . It is a baseline rate upon which all floating rate loans are negotiated (for example, prime + 3%). and related changes in base . of 99.4% floating rate investments and 0.6% fixed rate investments. As of December 31, 2021 and 2020, the weighted average grade of the portfolio at fair value was 3.1 and 3.0, respectively, and loans on non-accrual status represented 0.8% of . As of September 30, 2021, 93 percent of the Company's income-producing debt investments bore interest based on floating rates, such as the London Interbank Offered Rate, or LIBOR, some of which may be subject to interest rate floors. Maturity and Conversion: The convertible notes will have a term of three years. As of December 31, 2020 and 2019, the weighted average grade of the portfolio at fair value was 3.0 and 3.0, respectively, and loans on non-accrual status represented 3.3% of total investments at . | May 3, 2022 Earnings and net investment income per share for the quarter ended September 30, 2020, were $0.80 and $0.45, respectively; The Board declared a regular fourth quarter dividend of $0.45 per share payable to shareholders of record as of December 31, 2020.1. For the quarter ended December 31, 2018, BDC's consolidated net income was $199.3 million, comprising $196.9 million attributable to BDC's shareholder and a net income of $2.4 million attributable to non-controlling interests. As of March 31, 2020, the weighted average yield on the investment portfolio at amortized cost and fair value was 7.3% and 7.6% (2), respectively. PennantPark Floating Rate Capital Ltd. base and other limitations. Percentage of debt investments at floating rates 98.5% 99.7% 98.4% . The prime interest rate, also known as the "prime rate," is the interest rate commercial banks charge their most credit-worthy business customers. was 7.5% as compared to 7.6% in the prior quarter and 8% at December 31, 2020.

bdc floating base rate december 31 2020