Private credit deals see a rise in ‘Bad PIKs’ showing ‘cracks’ in the market for corporate lending
- Posted on November 21, 2025
- By Fortune
- 3 Views
Private credit deals see a rise in ‘Bad PIKs’ showing ‘cracks’ in the market for corporate lending
A majority of payments-in-kind deals, usually offered to riskier corporate borrowers, are now of the kind that indicates distress, Lincoln International says.
