Private credit funds are facing increasing pressure from banks that are tightening leverage terms and more aggressively reassessing collateral values, adding strain to a sector already dealing with investor withdrawals, according to a report by Bloomberg.
Banks including JPMorgan Chase, Goldman Sachs and Barclays have been raising interest rates on lending facilities and, in some cases, marking down loans used as collateral in fund portfolios. These adjustments are prompting some private credit...
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