Loan Note: BlackRock finds defaults persisting for smaller firms; …

Dec 19, 2024 · Small firm default rate to remain high – BlackRock Elevated covenant default rates in some parts of the market are likely to persist in 2025, according to BlackRock. In its 2025 …

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Default, Transition, And Recovery: U.S. Recovery Study: Loan …

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Dec 15, 2023 · As in previous periods, term loans and revolvers from small or middle-market companies (those with $350 million or less in debt outstanding at the time of default) continue …

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Out-of-court Restructurings Lift Leveraged Loan Recovery Rates

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May 31, 2024 · Newly tracked loans Discounted recoveries for the 43 newly tracked bank loans across 14 default events emerging in 2023 improved to 80.6%. This compares to 79.1% from …

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Private Credit Funds Get Moody’s Warning On Problem Loans (1)

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Apr 18, 2024 · Moody’s Ratings this week gave private credit investors greater reason for concern about credit quality in the flourishing $1.7 trillion industry.. The ratings company on Monday …

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Blackstone Defaulted On Loan: Is The Stock In Trouble?

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Apr 5, 2023 · Blackstone is one of the largest alternative asset management companies in the world. At the end of 2022, the company managed more $975 billion for high-net-worth …

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PDI 50: The Top 10 - Privatedebtinvestor.com

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Dec 3, 2018 · The firm also raised $3.16 billion for Broad Street Senior Credit Partners, a 2015-vintage fund, and a further $4.2 billion for Broad Street Real Estate Credit Partners III, which …

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FAQs about Loan Note: BlackRock finds defaults persisting for smaller firms; … Coupon?

Does Blackrock have a Private Debt Investor Program?

Build customized client solutions across the full private debt and liquid credit spectrum based on currency, fund structure and risk-return needs. BlackRock has received three awards from Private Debt Investor in 2023. Why now? ...

How many awards has Blackrock received from private debt investor in 2023?

BlackRock has received three awards from Private Debt Investor in 2023. Why now? Why BlackRock? What role can private debt play within a client’s broader portfolio? ...

Is a low loan distress ratio a sign of heightened default activity?

The share of performing loans priced below 80 — a marker for the loan distress ratio and a demonstrated indicator for heightened default activity — increased for a third consecutive month in May, rising 52 bps to 4.47%, from 3.95% in April. In February, the distress ratio was sitting at 3.35%, which was the lowest level since August 2022. ...

Did Blackrock buy Alacrity solutions?

(Bloomberg) -- Alacrity Solutions has entered into restructuring talks with its private credit lenders less than two years after the insurance claims manager was acquired by BlackRock Inc., according to people with knowledge of the matter. ...

What happens if Blackstone defaults?

However, Blackstone's default isn't necessarily a sign of bigger trouble ahead. Defaults such as this can be a way of hedging losses. Rather than paying the debt in full from its cash on hand, the company can liquidate the underlying assets through loss mitigation, receiving a portion of its investment back. ...

Should you worry about Blackstone's default on a bond?

Blackstone recently defaulted on a bond secured by office properties in Europe. This default is less than ideal after its REIT continues to receive redemption requests. But it doesn’t necessarily mean investors should worry. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. ...