Hello,
Can you please add Biopharma Credit, LON: BPCR? It is listed on the Main Market.
Thank you
A
Decent dividend (8%) But with regular special dividends most years. 2 types of shares one trades and pays in $ the other trades and pays in £.
The one asked for trades in $. This is the better option as the spread on the other £ denominated is very large.
I own it on Hargreaves Lansdown.
11% discount to NAV.
Also every now and again it has a bad debtor. Each time it gets all very nearly all it’s money back. Basically it sells the company.
It also regularly gets early repayment which results in a “make whole payment”. Roughly 2% extra added to the debt. This helps deal with the lack of interest payments while it looks for another loan opportunity.
Rated by Carthew on quoteddata. He owns the shares.
Alas still a touch higher risk than say Sequoia as the actual loans are very large hence a small portfolio.
Can we have it on Freetrade please too?