U.S. private credit issuance falls 40% as lending slows
Private credit issuance fell 40% to $44.76 billion through May. Managers face rising redemptions and increased scrutiny of debt quality and software loans.
Xurve View
Insights:
Xurve View
United States private credit issuance fell 40% to $44.76 billion in the three months ended May. PitchBook data shows this drop from $74.56 billion in the first quarter marks a sharp sector slowdown. Investors face lower earnings as managers cap redemptions to preserve cash during the lending slump.
