US private-credit portfolios stabilise in Q2, lenders mark down software
U.S. private-credit portfolio values showed signs of stabilising in the second quarter after early-year deterioration. Lenders marked down select software loans and reported debt that has stopped generating income.
U.S. private-credit portfolio values showed signs of stabilising in the second quarter after a broad deterioration early in the year, even as lenders marked down select software loans and reported a rise in debt that has stopped generating income. The update came from Patturaja Murugaboopathy and Gaurav Dogra.