Healthcare, general manufacturing and services sectors see most loans added to non-accrual status in 3Q24

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LSEG|December 4, 2024
Content hub / Article / LSEG / Healthcare, general manufacturing and services sectors see most loans added to non-accrual status in 3Q24
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A total of US$980m of BDC loans were added to non-accrual status in 3Q24, down from US$2.1bn in the prior quarter. Given this decline and the growth in market size, the weighted average non-accrual rate for public and private BDCs combined ticked down to 1.43% in 3Q24 from 1.70% in 2Q24. The sectors which saw the most loans placed on non-accrual status in 3Q24 was healthcare (US$223m), general manufacturing (US$139m) and services (US$138m).

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