Flex Trends: Pricing (% of all Flexes that Decrease All-in Spread) and Covenants (% with Zero Doc Score Flex)
|April 27, 2022
Latest news
Spread premium tightened slightly in Q2'26
August 5, 2026
One bright spot for lenders in Q2 was that average spreads edged higher for the second straight quarter.
More than 70% of public BDCs now trade below 0.80x NAV
August 5, 2026
BDC valuations remain under pressure as investors have become more selective toward private credit this year. Concerns over AI-related risks…
