KBRA Direct Lending Deals: News & Analysis – 4/22/2024
Refinancings redefine the direct lending market, claim 36% share in 1Q24 TTM Default Volume, Count Refinancings claimed 36% of 1Q24 direct lending volume in the US, the largest share of all proceeds, and the second-largest quarterly share for refinancings, behind the 41% in third quarter last year as tracked by KBRA DLD. Prior to 3Q23,…