BIZ

BIZD

3 tracked calls · 0 long · 3 short · last 90d: 0L/1S

first called by Jordi Visser 5mo ago

BIZBIZDSHORT4w ago

“when we were in that meltup phase like the BDC index... it never got a bid... looks like it's continuing to move to the downside.”

Thoughtful Money · Adam Taggart | Thoughtful Money®

Private equity firms are sitting on over 10,000 portfolio companies failing to generate income, forcing a wave of distressed debt implosions onto BDCs.

BIZBIZDSHORT@ $12.62

$12.31+2.46%

since call Jun 30

peak +2.9%

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BIZBIZDSHORT3mo ago

“there's more than $330 billion of high-yield leveraged loan and business developed company-linked software and tech debt coming for repayments through 2028 ……”

Forward Guidance · Quinn Thompson

A $330B tech/software debt wall through 2028 cracks BDC loan books; markdowns and redemptions sink BDC equity.

BIZBIZDSHORT@ $12.11

$12.31-1.69%

since call Apr 10

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BIZBIZDSHORT5mo ago

“UBS now sees private credit defaults reaching 15%... 3 weeks ago they said it would hit 13% in worst case. They've already upped it.”

Jordi Visser

Rising private-credit defaults impair BDC portfolios and dividends as income investors flee; sector shares fall.

BIZBIZDSHORT@ $12.61

$12.31+2.34%

since call Mar 1

peak +3.4%

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