Published on 14 Mar 2024 on Bloomberg via Yahoo Finance
Buyout Firms Stuck With Old Assets Tap Private Credit for Help
(Bloomberg) -- Buyout firms struggling to offload companies they’ve held for several years and return cash to investors are finding allies in the $1.7 trillion private credit market.
Most Read from Bloomberg
SpaceX Starship Nears Orbit, But Is Lost Before Return to EarthMillennium Trader Scored $40 Million Windfall in Egypt FX PlungeBiden’s Best Shot Against Trump Lies in ‘Blue Wall’ StatesPutin Says Ukraine Deal Requires Security Pledges for RussiaBond Yields Jump as Hot Inflation Curbs Fed Wagers: Markets Wrap