BEAMSTART Logo

A borrower’s struggles highlight risk lurking in a surging corner of finance

Financial Times LogoFinancial Times1w ago

A borrower’s struggles highlight risk lurking in a surging corner of finance - Financial Times

Quick Summary:

The firms disclose the marks to US securities regulators within their publicly traded funds, known as BDCs, which offers a window into how their private funds may be valuing the debt.

How the debt and equity tied to all these buyouts are marked is critical because private credit has never played a larger role in financial markets in modern times.

That prompted several lenders to put the company’s $1.7bn debt on their so-called watch lists — the group of loans that need to be monitored more intensely because of the risk the borrower may have trouble repaying.“I would certainly question how anyone would be close to par context on March 31,” one person involved in the negotiations said.


More Pictures

A borrower’s struggles highlight risk lurking in a surging corner of finance - Financial Times (Picture 1)

or

Article Details

Author / Journalist: Eric Platt

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 04:01:53 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1213 words

Reading Time: 7 minutes read

Sentences: 45 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21561381

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 11 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "A borrower’s struggles highlight risk lurking in a surging corner of finance" has 1213 words across 45 sentences, which will take approximately 6 - 11 minutes for the average person to read.

Which news outlet covered this story?

The story "A borrower’s struggles highlight risk lurking in a surging corner of finance" was covered 1 weeks ago by Financial Times, a news publisher based in United States.

How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 11 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #21561381
  • URL: https://beamstart.com/news/a-borrowers-struggles-highlight-risk-1720585416473

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.