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Crescent Capital: Lower SOFR And 2026 Debt Wall Increase Dividend Coverage Risk
Seeking Alpha· 2026-01-03 08:33
Group 1 - Crescent Capital (CCAP) operates as a Business Development Company (BDC) and serves as a mid-market direct lender primarily focused on leveraged buyouts (LBOs) [1] - The mid-market sponsors that Crescent Capital targets have been significantly impacted by rising interest rates [1] Group 2 - The analysis emphasizes thematic investing, crisis investing, systematic options trading, and discretionary global macro strategies [1] - The analyst has extensive experience in private mergers and acquisitions, as well as in trading publicly-traded equities and equity-based derivatives [1]