The Unicrunch — Default rates defy gravity
- David Brooke
The Unicrunch is our US private credit newsletter, in which we break down everything from unitranches to ABL lending. Sign up here for the inside track on this fast-growing market.
Making the grade
As the saying goes, what goes up must come down. And for quite a while now, the talk is that the economy is headed inevitably downward after years on an generally upward trajectory — notwithstanding the minor hiccup of a global pandemic.