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9 hours ago

Warning Signs: Non-accruals, PIK discounts, and distress rise across top BDCs

Warning Signs: Non-accruals, PIK discounts, and distress rise across top BDCs

After several years of steady performance, the largest publicly traded BDCs are entering a challenging phase of the credit cycle. Lower base rates, continued reliance on PIK income, and an approaching wave of maturities are in play just as private... Read more.

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Warning Signs: Non-accruals, PIK discounts, and distress rise across top BDCs
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