Kyle Joseph says it’s difficult to have an outlook on BDCs in 2017 given some uncertainty and recent political changes. He says from a purely operational perspective the third quarter deal flow picked up a little bit, but at the same time with the positive market backdrop, spreads compressed, and yields on new transactions are continuing to grind tighter. Mr. Joseph says the outlook for deal flow is positive and will remain so if the favorable economic environment continues.
Full interview available here.
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