Private Credit Default Rate Debuts at 5.0%
Fitch Ratings’ Private Credit Default Rate (PCDR) launches at 5.0% for August 2024, covering nearly 1,200 issuers covered by Fitch in the broad private credit segment. This report highlights sector specific default rates, key trends in default activity through the year-to-date (YTD) period, and the methodology for calculating these rates. Fitch plans to publish the PCDR on a monthly basis.
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