FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Bloomberg: U.S. Private Debt Default Rate Falls Amid a Resurging Economy

Date: May 10, 2021 @ 07:19 AM
Filed Under: Industry News

Bloomberg reported that defaults in the U.S. private credit market fell in Q1 2021 as the nation’s abating pandemic triggered a surge in economic growth, and investors hunting for yield grew more willing to finance struggling companies.

According to the Bloomberg report, the proportion of loans that defaulted or remained in default fell to 2.4%, according to a private credit market index from law firm Proskauer.

To read the full Bloomberg story, click here.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.