Reported 2 months ago
This week’s financial turmoil prompts private credit funds to rethink their loan margins, which have been tightening in a competitive market. Many major firms, like Ares Management and Blackstone, have been reducing costs to attract borrowers from the syndicated loan market, but rising recession fears may lead to increased margins. The private credit sector, valued at $1.7 trillion, has faced pressures as market instability disrupts financing deals and raises borrowing costs for riskier companies.
Source: YAHOO