Credit QualityFBRT reduced its number of watchlist loans without any new downgrades during the quarter, showing improved credit quality.
Financial PerformanceOriginations accelerated 16.1% sequentially to $441M, which speaks to the strength of the company's underwriting capabilities and management's overall confidence in the outlook for its portfolio.
LiquidityFBRT has ample liquidity, particularly after closing a $1.02B CLO, providing financial flexibility.