Can I read Q4 2024 Direct Lending Market Insights on EtoBox?
Q4 2024 Direct Lending Market Insights by Sanjeet Dass is a document available to read on EtoBox.
What is Q4 2024 Direct Lending Market Insights about?
In Q3 2024, the fair value of BDC public investments rose to $399.0 billion, driven by an increase in the number of investments, while average yields for first lien loans decreased to 10.74%. The nonaccrual rate for BDC loans fell to 1.2%, indicating improved asset quality, and the implied recovery rate for nonaccrual investments increased to 50.1%. Overall, the document highlights trends in direct lending, including declining yields, stable nonaccrual rates, and the competitive landscape among lenders.
- Author
- Sanjeet Dass
- Language
- EN