A rise in PIK – not just the ‘good’ kind – signals stress
Share of BDC loans deferring cash payments surged to 9.8% in Q1 from 5.4% in 2022 quarter; many loans are still marked at par
1 hour ago•4 mins read
Share of BDC loans deferring cash payments surged to 9.8% in Q1 from 5.4% in 2022 quarter; many loans are still marked at par
