BSL defaults at 3Q 2024 were more than six times those in private credit.
![](https://www.theleadleft.com/wp-content/uploads/2025/02/CTW-0203.png)
Source: Proskauer (Private Credit), Fitch Ratings (BSL), as of September 30, 2024.
BSL defaults at 3Q 2024 were more than six times those in private credit.
Source: Proskauer (Private Credit), Fitch Ratings (BSL), as of September 30, 2024.