BlackRock is in discussions to restructure a private credit loan to Indian e-commerce brand aggregator Goat Brand Labs, highlighting the challenges facing the asset manager as it expands its private credit business across Asia, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as revealing that Goat Brand Labs has proposed extending the maturity of a $17m loan to September 2028 from its original December 2027 maturity date. The company is also seeking r...
Continue Reading
Sign up for FREE to read the full article and access 134K+ alternative investment headlines.