Private Credit Squeezed By Bank Refinancings: Credit Weekly
Highly-indebted companies are increasingly ditching private credit loans for cheaper capital in the bank loan market, a shift underscoring the stark realities of higher-for-longer interest rates.
By Aaron Weinman and Rachel Graf · Bloomberg Markets
Highly-indebted companies are increasingly ditching private credit loans for cheaper capital in the bank loan market, a shift underscoring the stark realities of higher-for-longer interest rates.