Leveraged Loan Insight & Analysis – 9/9/2024

Over US$2bn of loans added to BDC non-accrual status in 2Q24. non-accrual rate ticks up

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Over US$2bn of BDC loans were added to non-accrual status in the most recent quarter. In turn, the weighted average non-accrual rate for public and private BDCs combined ticked up to 1.66% in 2Q24.