
Nearly US$310bn of completed US loan volume represents repriced credits so far this year. After a surge of repricing activity in 2Q24, the market slowed amid limited summer calendar, but borrowers have returned to tap lenders for US$7.3bn in repricing activity in September along (nearly US$2bn of this total has already closed). Getting off to a strong start this week, Kito Crosby, ION Analytics and ECI have all announced repricing loans.
Latest news
The Recovery Shot
Trouble off the tee doesn’t always translate to trouble on the scorecard.
Q2'26 BDC analysis shows additional 184 bps of nonaccruals at cost
In a universe of 173 business development companies, or BDCs, Octus identified a total of $9.5 billion of debt (at cost) in nonaccrual status reported in the second quarter of 2026, a slight decline of 5% from $10 billion in the first quarter of 2026.
Private Credit Defaults 101: Scrambling for Par
Seve Ballesteros won four majors in the 1980s despite being, by his own admission, one of the wildest drivers of the golf ball on tour.