Bond investors are increasingly differentiating between US private credit lenders, with smaller firms seeing materially wider spreads as concerns grow around portfolio quality, funding risk, and borrower stress, according to an analysis of by Reuters.
Analysis of public bond data shows investors are demanding significantly higher premiums to hold debt issued by smaller lenders compared to larger, more diversified private credit platforms. The divergence comes as higher interest rates, subdued ex...
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.