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BDCs' portfolios show increase in PIKs and CLOs
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BDCs' portfolios show increase in PIKs and CLOs
Business development companies (BDCs) saw a slight increase in payment-in-kind (PIK) paying loans in the fourth quarter of 2024, reversing a decline in the third quarter of the year. Meanwhile, BDCs’ investments in collateralised loan obligations (CLOs) are also increasing, a new report from S&P Global Ratings shows. Read more: BDCs represent ‘ideal vehicle’ for […] The post BDCs’ portfolios show increase in PIKs and CLOs appeared first on Alter…
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