BDC Weekly Review: PIK Is At Record High [Seeking Alpha]
Blackstone Secured Lending Fund (BXSL)
Company Research
Source: Seeking Alpha
Play 6min Summary We take a look at the action in business development companies through the third week of October and highlight some of the key themes we are watching. BDCs had a strong week, rising over 1%, supported by reduced expectations of rate cuts. The rise in Payment-in-Kind (PIK) income, now at 7.5%, raises concerns about potential credit issues, though not all PIK is distress-related. Upcoming lock-up expiries for NCDL, OBDE, and MSDL may cause price drops, but these are expected to be modest due to current valuations. Blackstone Secured Lending's new $400m bond issuance at 5.35% is manageable in the context of their investment income above 11%. Looking for a helping hand in the market? Members of Systematic Income get exclusive ideas and guidance to navigate any climate. Learn More » Eoneren Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the b
Show less
Read more
Impact Snapshot
Event Time:
BXSL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BXSL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BXSL alerts
High impacting Blackstone Secured Lending Fund news events
Weekly update
A roundup of the hottest topics
BXSL
News
- Blackstone Secured Lending: 10% Yielding Buy For A Market Melt-Up [Seeking Alpha]Seeking Alpha
- Blackstone Secured Lending Fund (NYSE: BXSL) had its price target lowered by analysts at Compass Point from $33.50 to $32.25. They now have a "buy" rating on the stock.MarketBeat
- Compared to Estimates, Blackstone Secured Lending Fund (BXSL) Q3 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Blackstone Secured Lending Fund Reports Third Quarter 2024 ResultsBusiness Wire
- Blackstone Secured Lending Fund (BXSL) Q3 2024 Earnings Report Preview: What to Expect [Yahoo! Finance]Yahoo! Finance
BXSL
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 11/12/24 - Form IRANNOTICE
- BXSL's page on the SEC website