How Private Credit Funds are Making Debt Look a Lot Like Equity
Reynolds Holding
FEBRUARY 4, 2024
Over recent decades, and especially since the 2007-2008 global financial crisis (GFC), the corporate finance markets have changed considerably. First, there is more corporate debt now than ever. trillion by 2027, according to the data provider Preqin. Second, fuelled by post-GFC banking regulation (e.g.,
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