Private-Credit Defaults Match 2023 High in $300 Billion Index

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Bloomberg Markets 23 hours ago • bloomberg.com

Private-Credit Defaults Match 2023 High in $300 Billion Index

The default rate among private-credit borrowers has reached the highest in the roughly three-year history of an index from Kroll Bond Rating Agency LLC, adding to signs of stress in the $1.8 trillion industry.

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