Private Credit Strains Are Keeping Advisors Busy
Not all private credit deals are going to be easy to refinance
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Welcome to The Brink. I’m Edward Clark, a reporter in London, where I talked to restructuring advisers dealing with a wave of private credit distress. We also have news on Saks and TalkTalk. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
Private credit funds are increasingly turning to restructuring advisers to sort out their problem loans, suggesting that while the hot asset class is still raking in capital, there are risks simmering under the surface.