Fitch Has Negative View of BDCs Increasing Leverage

Fitch Ratings announced it would have a negative view of BDCs that intend to increase their leverage following the passage of the new U.S. $1.3 billion spending bill.

Fitch: BDCs Positioned to Cope with Rising Rates Over Time

Increased exposure to floating-rate investments and generally heavy use of fixed rate funding has positioned U.S. business development companies (BDCs) well to adjust to the rising rate environment longer term, according to Fitch Ratings.