Cockroaches, SaaSpocalypse, And Now ‘GFC 2.0’

The BDC sector trades at near-historic P/NAV discounts, reflecting extreme bearish sentiment and perceived systemic risk. Recent high-profile bankruptcies and SaaS sector fears have been misapplied to BDCs, whose exposures are more diversified and structurally protected.


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Source: https://seekingalpha.com/article/4882828-cockroaches-saaspoc…