PIK Scorecard To request access to the full BDC PIK report please click here or email kim.giancaspro@octus.com…. Subscribe to Read MoreAlready a member? Log in here...
Q1’26 Yield Walk: Reported to Cash BDCs reported annualized income yields of 9.6% in the first quarter…. Subscribe to Read MoreAlready a member? Log in here...
The Growing Footprint of Private Equity Activities in European Lending Sponsor-backed activity is reshaping European credit markets, with direct lending serving as the primary engine of growth…. Subscribe to Read MoreAlready a member? Log in here...
Spreads Widened Large Cap Deals, Were Relatively Flat for Middle Market Deals If you are interested in the full report, please email kim.giancaspro@octus.com While the year typically starts quietly, increased BDC redemptions, AI disruption concerns, and a sluggish M&A environment hindered deal flow…. Subscribe to Read MoreAlready a member? Log in here...
Cross-BDC Analysis Shows 73 bps of Additional Nonaccrual Exposure at Cost (2.18% Adjusted vs. 1.45% Reported) For access to the full analysis and underlying data please visit here or reach out to kim.giancaspro@octus.com… Subscribe to Read MoreAlready a member? Log in here...
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...