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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 Corp Bain Capital Specialty Finance Inc Barings Bdc Inc Blackstone Secured Lending Fund Capital Southwest FS KKR Capital Corp Goldman Sachs Bdc Inc Golub Capital Bdc Hercules Technology Growth Capital Main Street Capital Corp New Mountain Finance Corp OBDC Oaktree Specialty Lending Corp Slr Investment Corp TCP Capital Corp Tpg Specialty Lending Inc
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