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Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says

By: MarketWatch
Ares Capital Corp. and Sixth Street Specialty Lending Inc. held onto the highest debt ratings among the 21 business development companies covered by Fitch Ratings, amid expectations that the sector will face economic headwinds in 2024, but with no major impact to their balance sheets.
Related Stocks:
Ares Capital Corporation - Closed End Fund Bain Capital Specialty Finance, Inc. Common Stock Barings BDC, Inc. Common Stock BlackRock TCP Capital Corp. - Closed End Fund Blackstone Secured Lending Fund Common Shares of Beneficial Interest Blue Owl Capital Corporation Common Stock Capital Southwest Corporation - Common Stock FS KKR Capital Corp. Common Stock Goldman Sachs BDC, Inc. Common Stock Golub Capital BDC, Inc. - Closed End Fund Hercules Capital, Inc. Common Stock Main Street Capital Corporation Common Stock New Mountain Finance Corporation - Common Stock Oaktree Specialty Lending Corporation - Closed End Fund SLR Investment Corp. - Closed End Fund Sixth Street Specialty Lending, Inc. Common Stock
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