FitchRatings
Fitch Ratings Completes Peer Review of 12 US BDCs
Click here to learn more. Fitch Ratings has completed a peer review of U.S. business development companies (BDCs). We have…
Read MoreInflows, Competition to Pressure Perpetual BDC Earnings, Asset Quality
Click here to learn more. The elevated competitive underwriting environment for business development companies (BDCs) will persist in 2025 due…
Read MoreGrowth at Perpetual BDCs Drives an Increase in Competition
Click here to learn more. U.S. perpetual non-traded business development companies (BDCs) have grown rapidly since the launch of Blackstone…
Read MoreTight Spreads, Rising Non-Accruals to Further Weaken BDC Earnings
Click here to learn more. Continued spread pressure and additional non-accruals will likely weaken earnings and dividend coverage for business…
Read MoreU.S. BSL & MM CLO Spotlight – February 2025
Click here to download report. At the end of February 2025, 20 CLOs had exposure to at least one defaulted…
Read MoreLender-Sponsor Dynamics Mark Default Outcomes for Private Credit
Click here to learn more. Join Fitch Rating upcoming Webinar: The Highs and Lows of Private Credit Defaults and Recoveries…
Read MoreUS Private Credit Defaults Rose Sharply in 2024 While Lender Losses Remained Limited
Click here to learn more. Join Fitch Rating upcoming Webinar: The Highs and Lows of Private Credit Defaults and Recoveries…
Read MoreUS Banks’ Private Credit Exposure Grows but Risks Remain Limited
U.S. Banks’ Direct Exposure to Private Credit Growing; Poses Limited Risks for Now Click here to learn more. Private credit…
Read MoreUS Banks’ Private Credit Exposure Grows but Risks Remain Limited
Click here to learn more. U.S. Banks’ Direct Exposure to Private Credit Growing; Poses Limited Risks for Now Join Fitch…
Read MorePrivate Credit Risk Not Systemic, Yet Structures, Asset Classes Evolving
Click here to learn more. Private credit, in isolation, is not currently a systemic risk given numerous mitigants, particularly within…
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