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Stock impact report

RWAYI: Runway Growth Finance's New 7.25% Bond Yields 7%+ [Seeking Alpha]

Runway Growth Finance Corp. (RWAY) 
Company Research Source: Seeking Alpha
RWAYI offers a higher yield than both RWAY's existing baby bonds and comparable BDC sector debt, with a similar risk profile. RWAY maintains a healthy portfolio: 1.15% non-accrual loans, 89% senior secured investments, and a 201.8% asset coverage ratio. With RWAY common stock trading at a 32% discount to NAV and strong asset coverage, RWAYI presents an attractive risk/reward balance. This idea was discussed in more depth with members of my private investing community, Trade With Beta. Learn More » vovashevchuk/iStock via Getty Images In this article, we will focus on the recently announced and upcoming listing of debt instruments on the stock exchange: 7.25% bonds ( RWAYI ) of Runway Growth Finance Corp. ( RWAY ) due 2031. As always, we More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated Show less Read more
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