Private-Credit Defaults Match 2023 High in a KBRA Index (opens original article in a new tab)

Private-credit defaults reach 2023 high in $300 billion index, indicating stress in the $1.8 trillion industry.

• Private-credit default rate hits highest in 3-year index history
• Index tracks $300 billion in private-credit loans
• Defaults signal stress in $1.8 trillion industry