US Private Credit Defaults Rose Sharply in 2024 While Lender Losses Remained Limited
Join Fitch Rating upcoming Webinar: The Highs and Lows of Private Credit Defaults and Recoveries
The default rate in Fitch Ratings’ portfolio of U.S. privately monitored ratings (PMR) rose sharply to 8.1% in 2024. This is the highest level since Fitch recorded the first default in the portfolio in 2019.
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