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| KBRA Releases Research - Fourth-Quarter 2023 Business Development Company (BDC) Ratings CompendiumNEW YORK, Mar. 28 /BusinessWire/ -- KBRA releases its Business Development Company Ratings Compendium, which looks at results for the quarter ended December 31, 2023, and offers a review of perpetual continuously offered non-traded BDCs as well as recent industry developments. In this quarter's Compendium, KBRA examines the BDC sector's funding sources, highlighting that the use of traditional bank revolving credit facilities continues to decline due to constraints on bank balance sheets and the pending Basel 3 Endgame proposal.Key Takeaways
Click here to view the report. About KBRA KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA's ratings can be used by investors for regulatory capital purposes in multiple jurisdictions. Doc ID: 1003728 View source version on businesswire.com: https://www.businesswire.com/news/home/20240328101625/en/
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