#private credit Tech News.
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The latest private credit news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks private credit across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
AIYahoo Financeabout 3 hours ago
PIK loan interest drops 10% at top BDCsPIK interest income among the top 15 exchange-traded BDCs fell 10% to $229 million in Q1, a two-year low. The decline was the steepest quarter-over-quarter drop since 2021, driven by credit quality concerns and AI disruption risk in private credit. Rising investor redemptions pushed BDCs to prioritize liquidity.
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