The BDCR Index fell a fair amount by -3.16% from a level of 324.01 on 1/17/2011 to 314.07 for the week ending 1/17/2011. The major winners were SAR (+6.63%) and KFN (+2.54%) and the major losers were NGPC (-8.08%) and CODI (-6.37%).
Some notable news items:
ARCC - Priced their convertible notes - http://www.streetinsider.com/Corporate+News/Ares+Capital+%28ARCC%29+Prices+$500M+Convertible+Senior+Notes+Offering/6225298.html
AINV - Typical of their sibling, Apollo and Ares are doing the same thing - http://www.marketwatch.com/story/apollo-investment-corporation-prices-offering-of-175-million-of-senior-convertible-notes-due-2016-2011-01-20
KED - Declares a 4th Q dividend of 30 cents/share - http://finance.yahoo.com/news/Kayne-Anderson-Energy-bw-110007750.html?x=0&.v=1
Interesting article from a new linked site, BDC Reporter on Seeking Alpha - http://seekingalpha.com/article/247649-business-development-companies-changing-approach-to-balance-sheet-risk