The BDCR Index enjoyed a slight gain this past week by an amount of 1.26% from a level of314.725 on 3/18/2011 to 318.75 for the week ending 3/12/2011. The major winners were KCAP(+8.22%) and TINY(+7.44%) and the major losers were SAR (-5.07%) and MAIN (-4.95%).
News for the week:
ACAS - Lots of "For Sale" Rumors - http://seekingalpha.com/article/260156-american-capital-strategies-appears-poised-for-purchase
ARCC - Prices convertible offering of $200m - http://www.snl.com/irweblinkx/file.aspx?IID=4092627&FID=10939606
KCAP - Declares 1Q dividend of 17 cents
MAIN - Secondary offering of 3.5million shares at 18.35 - http://www.bizjournals.com/houston/news/2011/03/22/main-street-capital-prices-shares-for.html?ana=yfcpc
PSEC - Making some new investments - http://www.snl.com/IRWebLinkX/file.aspx?IID=4092630&FID=10928102