Macro Pulse EU: Low Defaults Point to Selective Credit Stress
Low European Union (EU) default levels support a contained credit backdrop, but European direct lending tells a more selective story as repeat restructurings and recoveries come into focus.
In the latest Credit Compass, Gordon Kerr is joined by members of the KBRA Direct Lending Deals (DLD) team to discuss why European private credit defaults remain contained, and what current restructuring trends and recoveries reveal about risk beneath a stable banking backdrop. Listen to Gordon Kerr’s insights on: Apple | Spotify | YouTube or visit kbra.com/macrocredit
European data from KBRA DLD highlights the low level of private credit defaults…
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