BXSL Projections/Pricing Update: Built For This Environment
BXSL Update:
I have slightly reduced BXSL’s target prices, mostly related to a lack of guidance from management regarding its dividend policy for 2023.
Clearly, management is higher quality setting the regular dividend lower to easily overearn currently building UTI that could be paid as specials.
I am estimating between $0.60 and $1.00 per share of UTI by…