Is an uptick in BDC bond sales offering reprieve for private credit?
BDCs issued nearly USD 8.4 bn since the start of April
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BDCs issued nearly USD 8.4 bn since the start of April
Conservative structure and long-term capital lock-in support the sector against disruptions
Some funds limited withdrawals to avoid selling illiquid loans at large reductions
Managers agreed to meet just 70% of USD 10.1 bn in redemption requests as retail money tested private credit’s liquidity…
Covenant-lite protections are moving down-market, with middle-market CLOs lifting exposure limits to 25%
Despite the boom, EM private credit is still under 10% of the USD 1.7 tn global market
US investors poured USD 48 bn into private credit funds in 1H 2025, already topping 2023’s FY total
Family offices that manage over USD 3.1 tn are drawn to regular banknote interest payments
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