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High-Yield Ended Up Being Oxy. Private Credit Is Fentanyl.
Personal equity assets have increased sevenfold since 2002, with yearly deal task now averaging more than $500 billion each year. The common leveraged buyout is 65 % debt-financed, producing a huge rise in need for business financial obligation funding. Yet in the same way personal equity fueled an enormous upsurge in interest in business debt […]
