Leveraged Loan Insight & Analysis – 11/7/2022

BDC share price-to-book value ticks up but remains below recent highs

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BDC share price-to-book values have moved around recently in tandem with shifts in the equities market and investor sentiment. The average share price-to-book value is at 0.86x as of November 4, up from 0.76x in late September but down from 0.95x in mid-August.