Private Debt Was Supposed to Collapse When Rates Rose. Instead It Is Everywhere.
https://www.wsj.com/finance/investing/private-debt-was-supposed-to-collapse-when-rates-rose-instead-it-is-everywhere-04ba6003
Alternative lenders can reap rewards from refinancing and recapitalizing firms, but they also risk fueling a kind of Ponzi scheme
https://www.wsj.com/finance/investing/private-debt-was-supposed-to-collapse-when-rates-rose-instead-it-is-everywhere-04ba6003
Alternative lenders can reap rewards from refinancing and recapitalizing firms, but they also risk fueling a kind of Ponzi scheme