Private Credit LBO Activity Outpaces Prior Year Despite February Slowdown, KBRA DLD Data Shows
KBRA DLD, a division of KBRA Analytics, reports that direct lending activity supporting leveraged buyouts (LBO) has started the year ahead of 2025 levels, although a February slowdown suggests early momentum may be moderating.
KBRA DLD Report: Direct Lending Defaults Low; Sponsored at 1.5%, Non-Sponsored at 3.5%
KBRA DLD, a division of KBRA Analytics, recently released its latest Direct Lending Default Report on the U.S. direct lending market. Highlights from the report are below:
KBRA DLD Forecasts 4% Broadly Syndicated Loan, 3% High-Yield Default Rates in 2024
KBRA DLD, a division of KBRA Analytics, is forecasting a 2024 broadly syndicated loan (BSL) default rate of 4% and a 3% rate for high yield (HY), based on volume. The HY forecast is down from 3.4% in 2023, while the BSL forecast is up from 3.5%.
KBRA DLD Forecasts 2.75% Direct Lending Default Rate in 2024 for Private Equity-Backed Companies; Report Notes YTD Sponsored Rate Rises to 2.1% From 1.9%
KBRA DLD, a division of KBRA Analytics, recently released its latest Monthly Insights & Outlook and Default Reports on the U.S. direct lending market. Highlights from the report are below:
