Middle Market & Private Credit – 10/28/2024

Record U.S. BDC Unsecured Debt Issuance Helps Address Refinance Needs (Part 2)

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Since the beginning of September, rated BDCs have collectively issued $4 billion in unsecured debt. Blue Owl Credit Income Corp. accounts for $1.3 billion of this, including a recent AUD450 million Australia dollar-denominated offering.