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Defaults hit 5% YTD for US private debt-backed companies according to Fitch
1 year ago
The monthly default rate for North American private credit-backed companies hit 5% in August, driven by PIKs and interest deferrals -
Higher interest rates have caused more private credit downgrades, new report says
1 year ago
The lagging impact of higher interest rates is resulting in a sizeable uptick in private credit downgrades, according to a new report from KBRA
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