CGBD Updated Projections/Pricing: Additional Supplemental Dividends

Summary

  • I have updated the projections and pricing for CGBD to take into account continued improvement in portfolio credit quality and dividend coverage.

  • Also the reduced leverage partially due to Credit Fund II as well as change in the portfolio mix.

  • Non-accruals decreased mostly due to the previously discussed restructuring of Central Security.

  • I am expec…

This post is for paying subscribers