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Private Equity

Sixth Street BDC trims dividend after quarterly loss

privateequitywire

3 months ago

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Sixth Street’s listed business development company has cut its dividend after reporting a quarterly loss, highlighting ongoing pressure across parts of the private credit market as valuation adjustments and sector-specific risks weigh on performance, according to a report by Bloomberg.
The move reflects a more challenging environment for direct lending vehicles, where rising scrutiny over underwriting standards, exposure to software credits, and the potential impact of artificial intelligence on...

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