Bloomberg Quotes Ranesh Ramanathan on Growth of Private Credit
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For its article “Private Credit’s $10 Billion Win Is Bad News for Wall Street,” Bloomberg quoted Akin special situations & private credit practice co-head Ranesh Ramanathan. The article looks at private credit’s expansion into the field of debt refinancing, with $10 billion in loans having been replaced in recent weeks for companies with leveraged loans and junk bonds coming due.
Said Ranesh, “It’s private credit coming out of the shadows. Private credit is now part of the recognized pool of capital you’d look to.”
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