The soaring cost of money undoubtedly weighs on the accounts of fund's portfolio companies, but they are holding their own, refinancing even at doubled spreads and, where appropriate, injecting fresh capital to strengthen the capital structure. Private debt funds say thanks
Original article by Stefania Peveraro, editor of BeBeez, an execerpt of which was published on Milano Finanza on Oct 7th, 2023
It sounds like a paradox. . .
