Matt Tracy at Reuters examined growing stress in private credit as lenders increasingly use payment-in-kind structures and other concessions to help borrowers delay cash payments. The article cited SOLVE Fixed Income data showing that roughly one-fifth of BDC loans were tied to software-sector borrowers as of Q3 2025, with exposure appearing to rise further in the latest filings, underscoring SOLVE’s role in helping the market track credit quality risks and portfolio concentration across private credit.
Read the full article here: Private lenders delay reckoning with payment concessions on stressed debt
About SOLVE
SOLVE is the leading market data platform provider for fixed-income securities, trusted by sophisticated buy-side and sell-side firms worldwide. Founded in 2011, SOLVE leverages its AI-driven technology and deep industry expertise to offer unparalleled transparency into markets, reduce risk, and save hundreds of hours across front-office workflows. With the largest real-time datasets for Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS, and Private Credit, SOLVE empowers clients to transform the way they bring new securities to market, trade on secondary markets, and value highly illiquid securities. Headquartered in Connecticut, with offices across the globe, SOLVE is the definitive source for market pricing in Fixed Income markets.