A healthcare buyout shows the lines between banks and private lenders are getting blurred.
Companies with leveraged loans and junk bonds coming due soon are increasingly turning to private credit lenders.
Private credit is becoming more like high-yield bonds and leveraged loans, according to one portfolio manager.
Public unitranches have a structure similar to a type of loan used in private credit's playbook.
U.S. leveraged loan prices have fallen to the lowest level since December 2020 as investors flee riskier assets.
Companies are rushing to lock in low coupons while they still can.
The risk is that unfettered access to cheap debt will ease the pressure on executives to pay down their liabilities.
The junk bonds' outperformance comes through a period of poor performance for most corporate credits.
A rise in inflation set to accompany the post-pandemic economic boom.
Many bond offerings have almost sold out before they’re even officially put up for sale.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
