Consumer Discretionary Overtakes Information Technology as Top Nonaccruals Sector by Number of Issuers in Q4’25 To request access to the full analysis, please visit here…. Subscribe to Read MoreAlready a member? Log in here...
BDC Q4’25 Nonaccruals Octus performed a cross-BDC analysis to identify the total cost and fair value of all tranches held across the BDC sector for any issuer marked as nonaccrual by at least one peer…. Subscribe to Read MoreAlready a member? Log in here...
BDC Holders by Portfolio Company Octus analyzed 27 stressed securities across 23 borrowers and found that fair value pricing varied by as much as 40 points between the lowest and highest marks… Subscribe to Read MoreAlready a member? Log in here...
Amount of PIK Loans Elevated w/ Near Term Maturities There appears to be very little correlation between loans priced below 90% of par and BDCs’ exposure to loans with PIK interest…. Subscribe to Read MoreAlready a member? Log in here...
Over One-third of the Information Technology Sectors’ Non-Accrual Loans Were Marked at 25 or Below as of Q3’25 Click here to learn more about private credit’s software exposure. Click here to request access to the full BDC market analysis…. Subscribe to Read MoreAlready a member? Log in here...
Leverage Widened QoQ Across the top 5 Sectors Tracked in Q4’25, Except for Business Services; Spreads Tightened for Most Except for the Healthcare Sector Octus’ private credit data shows that software and technology deals saw the highest leverage by sector in Q4’25, while spreads continued to compress…. Subscribe to Read MoreAlready a member? Log in
Average Marks (FMV / Par) on Non-Accrual Drawn Loans Increased for 3 of the Top 5 Sectors in Q3’25 Click here to request access to the full analysis…. Subscribe to Read MoreAlready a member? Log in here...
U.S. Sub-Investment Grade SaaS Companies – QRT Revenue Growth YoY Click here to watch Octus Webniar: Investor’s Guide to Navigating AI Fallout on the Credit Markets… Subscribe to Read MoreAlready a member? Log in here...
Upcoming Maturities for BDC-Held Software Loans Click here to access the analysis In the near term, private credit restructurings for software companies are likely to be minimal given the relatively low number of loans set to mature over the next few years…. Subscribe to Read MoreAlready a member? Log in here...
Americas Private Credit 2026 Outlook: The Year of Maturity: Private Credit Goes Mainstream as 2021 Loans Come Due This Year Click here to read the full article. Although it is too soon to call 2026 the M&A rebound year the market has been patiently awaiting, positive trends from late 2025 are carrying over into the…