Near-term BDC loan maturities remain limited

LSEG (1)
Content hub / Article / LSEG / Near-term BDC loan maturities remain limited

The loan maturity profile of BDCs, the most transparent part of the direct lending universe, is not pointing to any big deterioration in the near-term. Looking at the maturity wall as of the most recent 2Q25 filing date, near-term portfolio maturities are limited, with only 6% of loans coming due by the end of 2026 and 16% by the end of 2027. The vast majority of loans held by BDCs (75%) have a maturity date in the 2028-2031 range, with 39% falling in the 2028-2029 timeframe.

Contact CJ Doherty
Making sense of private credit defaults

Webinar

Making sense of private credit defaults

What does private credit default data really tell us? Join our exclusive webinar featuring experts from KBRA, Moody's, Fitch Ratings, and S&P Global to find out.
Register
Credit Journal-Private Credit

Report

Credit Journal-Private Credit

Fitch Ratings’ latest Credit Journal series is a subject-specific, curated compilation of in-depth research and commentary. This edition explores the growing world of private credit, including non-bank lending across business development companies.
Download
PitchBook's US PE Middle Market Report

Report

PitchBook's US PE Middle Market Report

The middle market is off to its best start to a year since 2021, but its share of PE keeps slipping.
Download
Private Debt Investor New York Forum

September 15-16, Hudson Yards, New York

Private Debt Investor New York Forum

Bringing together the investors, managers and advisers shaping the next phase of the market — 200+ allocators and $10.6 trillion of LP capital expected. Benchmark strategies, hear from leading LPs, and cut through market noise over two unmissable days.
Learn more

Latest news

    Q2 European direct lending activity up 9%

    Despite the geopolitical and macroeconomic events of the first half of the year creating a volatile environment, the European private credit market continues to demonstrate robust resilience.

    Read More

    Share of PE middle-market fund count by size bucket

    Sector composition tilted hard toward B2B in Q1. B2B accounted for 52.9% of middle-market exit value, up from 38.2% in full-year 2025…

    Read More

    US Leveraged Loans return 1.88% to investors YTD

    The Bloomberg US Leveraged Loan Index (Ticker: LOAN) has returned 0.57% to investors this month through July 15, bringing the…

    Read More