Software stocks are down sharply, but loan pricing has barely moved—leaving Morgan Stanley cautious, with BDCs the most exposed.
The tech sector has an outsize presence in loan portfolios, raising the risk of contagion.
Apollo Global Management Inc. took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero, a rare stumble for a strategy touted as ...
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AI‑led software selloff may pose risk for $1.5 trillion U.S. credit market, says Morgan Stanley
By Siddarth S Feb 10 (Reuters) - Concerns that artificial intelligence could disrupt large parts of the software industry ...
A group of banks led by Deutsche Bank AG has been unable to sell about $1.2 billion of loans backing the acquisition of a ...
The software loan sell-off is a stark contrast to the rest of the leveraged loan market, where overall sales surged this week after US President Donald Trump dropped his tariff threats around ...
The recent software selloff is about more than just stocks. Prices of software company loans have also been sliding in recent days–a significant development because software has a heavy presence in th ...
Commercial lending has always been complex, involving multiple stakeholders and varying risk profiles. As consumer and regulator expectations ...
Projects for lending automates repetitive tasks such as data entry, document verification, and credit scoring. This not only saves time but also reduces the likelihood of errors. Effective risk ...
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