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A PROMISE TO PAY

Grant’s Current Yield Podcast

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Navigating Private Credit's Complex Landscape

This chapter explores branding nuances in the private credit sector, emphasizing the differences between 'private credit' and 'private debt.' It discusses the economic challenges faced by leveraged finance, including rising interest rates and unsustainable debt levels among private equity firms, while reflecting on how past conditions differ from today's. The conversation highlights the evolving relationship between private and public credit markets, suggesting a future where traditional distinctions may fade.

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