Credit ratings firm KBRA has upgraded its business development company (BDC) compendium tool to make it easier for firms to compare and analyse BDCs.
Designed for institutional investors, credit analysts and financial professionals, the upgraded tool enables users to do the following:
- Sort and filter financial and ratings metrics across the all KBRA-rated BDCs
- Compare company summaries and view side-by-side BDC profiles
- Spot trends in key categories such as total net assets, debt-to-equity, and total investments
- Export data directly to Excel
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The tool is updated quarterly and consolidates core data and credit metrics across KBRA-rated BDCs.
In a statement, the company said: “Investors are navigating an increasingly complex credit environment, and this upgrade brings greater clarity and control to that process.
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“We’ve taken one of our most-used resources and made it smarter, faster, and more intuitive— so clients can focus less on formatting and more on what the data is telling them.”
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