Marina Lukatsky
- Indexed articles, last 90 days
- 3
- Latest publication
- Sep 23, 2026
- Outlet visibility, for yahoo.com
- Top 1K sites
- Earliest in this view
- Jul 21, 2026
Latest articles
Credit pressure increases on BDC debt investments, led by software (opens the original)
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Stress is climbing in the private credit market, both in borrower count and dollar exposure, with software names accounting for 36% of debt under pressure, the largest share by sector, according to LCD's analysis of more than 180 BDCs. Of the roughly 5,000 companies held by BDCs a year ago, nearly 600 showed signs of some degree of credit pressure by June 2026. The number of BDC-held companies that showed some degree of credit pressure rose to 583 as of June 30, up 8% from March and 25% from yea
Application software loans, with $147B outstanding, hit hardest by AI fears (opens the original)
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Continued AI disruption fears are reshaping how leveraged loan investors view software credits. Application software, with $147 billion in leveraged loan outstandings, is bearing the brunt of this intra-sector bifurcation, as its average secondary bids have fallen much further than credits within the infrastructure & data and cybersecurity software sub-sectors. With $32 billion of application software loans maturing through 2028, the refinancing or extension routes remain open, as a handful of r
BDC credit stress climbs; software names add pressure (opens the original)
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Private credit is grinding through a rough patch in the cycle, featuring lower base rates, heavy reliance on PIK income, and an approaching maturity wall. The mood has darkened to match. For a second straight quarter, survey respondents named a negative perception of the asset class as its top challenge, ahead of credit stress. Second-quarter BDC filings are expected to show more quiet restructurings and exits of troubled positions. The data backs up the unease. Stress is climbing both in borrow
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For yahoo.com, the outlet · Measured Aug 1, 2026
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