Market Wrap
Taking the Credit — Agile, cheap and quick, it’s called the uniPIK!
- Josie Shillito
•4 min read
Always fond of a rebranding, (BSL in lieu of syndicated, private credit CLO instead of middle market CLO), the latest newspeak to hit private credit is the ‘uniPIK’, 2023 and 2024’s answer to the unitranche.