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ORCC Updated Projections: Q2 2021 Improvements Coming

ORCC Updated Projections: Q2 2021 Improvements Coming

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BDC Buzz
May 25, 2021
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ORCC Updated Projections: Q2 2021 Improvements Coming
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Summary

  • ORCC is slowly increasing leverage to fully cover the dividend later this year. Management provided guidance for a much stronger Q2 2021 taken into account with the updated projections.

  • There will likely be a meaningful increase in income related to prepayment fees, accelerated OID, a full quarter of benefit from Q1 investments, increased leverage…

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