Navigating the Golden Age of Private Credit: Part 2
Know More. Risk Better.
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Exploring the PIC Option and its Implications in Private Credit
This chapter dives into the concept of PIC options in private credit, where interest is added to the debt amount instead of being paid in cash, allowing companies to pay a portion of interest at a higher rate. The discussion weighs the short-term advantages and long-term consequences of utilizing PIC options in company financing decisions.
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