Recent events show how ugly it could get for creditors in Europe — not just because so many did not insist on protective legal covenants in loan agreements, leaving them vulnerable when borrowers seek ...
Private credit — direct lending to businesses outside the public bond markets — grew rapidly through the low-rate years of ...
BDCs make loans to private companies. Take a careful look at how they fund themselves, Citi analysts suggest.
A "robust and growing" private credit secondaries market could serve as a pressure valve for the industry's current liquidity ...
Private credit faces redemption pressure and loan markdowns, raising bank contagion risk—see what BDC discounts to NAV signal ...
The US private credit market is facing rising defaults in its first major test after a decade-long boom. Market veterans say ...
Investors are demanding higher risk premiums to own the debt of business development companies, reflecting their anxiety ...
Every financial crisis has a moment — usually identified only in retrospect — when an obscure product intended to mitigate ...
Using a massive data set detailing some 70 million policies, researchers have found that “credit scores impact homeowners ...
Exploit timelines have collapsed and AI is compressing them further. A growing body of research suggests credit and loan ...
"The year 2025 was an extraordinary and deeply distorted period for many reasons, including low credit loss rates and soaring asset values," notes WGA Chairman Christopher Whalen. "But history teaches ...
Private-credit market jitters have spilled onto Wall Street, with some major U.S. banks tightening lending while the funds ...