Forbes

Rising Private Credit Defaults Are Testing Banks And Insurers

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. As long as inflation is elevated, private credit defaults will continue to rise. Private ...
Forbes

Private Equity And Private Credit Debt Levels Should Alarm Regulators

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Banks have lent over $320 billion to the very funds that have essentially replaced them as ...
Wall Street Journal

Private Equity-Backed Restructurings Drive Higher Default Rates, Moody’s Says

Companies backed by private equity have been more likely to default than other borrowers as sponsor firms use out-of-court restructurings to preserve their stakes, new data from Moody’s shows. Between ...
Bloomberg L.P.

Private Credit’s Default Recovery Rates Are Worse Than Its Biggest Rival

The dangers of private credit firms overvaluing their own assets has become one of the booming $1.7 trillion industry’s most contentious topics in recent weeks. New data on how much money they expect ...

Private-Credit Defaults Match 2023 High in $300 Billion Index

The default rate among private-credit borrowers has reached the highest in the roughly three-year history of an index from Kroll Bond Rating Agency LLC, adding to signs of stress in the $1.8 trillion ...