Recent news and analysis on Private Credit
Private credit news covering direct lending funds, BDCs, leveraged loans, fundraising, defaults, and the rapid growth of non-bank corporate lending.
Braskem SA's debt restructuring negotiations have intensified, though no agreement has been reached with creditors. The company faces a critical deadline as its court-ordered protection from enforcement actions expires in three days, following receipt of non-binding proposals including capital injection options.
Private credit managers are increasingly seeking capital from Britain's defined-benefit pension sector, which exceeds £1tn in value. This shift coincides with insurers directing more portfolio weight toward private assets, according to a Wall Street Journal report.