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Stock impact report

Crescent Capital BDC - Interesting, But No Rush [Seeking Alpha]

Crescent Capital BDC, Inc. (CCAP) 
Last crescent capital bdc, inc. earnings: 3/4 05:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
CCAP's portfolio is concentrated in healthcare and software, with 99% sponsor-backed, first lien senior secured loans, but sector and credit risk are elevated, versus peers. Dividend coverage remains solid, supported by spillover income, yet management is reassessing the dividend and structure, with an update expected next quarter. Liquidity is adequate and share repurchases are ongoing, but higher fixed-rate debt raises NIM compression risk as base rates decline. Philippe TURPIN/Photononstop via Getty Images Company Description Crescent Capital BDC, Inc. ( CCAP ) is an externally managed Business Development Company. The company focuses on originating and investing in the debt of private U.S. middle-market companies, targeting businesses with EBITDA generally in the $10–$100M range — positioning it in the core lower-to-core This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of ARCC, BXSL, GBDC, HTGC, TSLX, MSDL either t Show less Read more
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