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Reorg Primary View: Columbia Threadneedle’s Ray & Shaifer on Leveraged Loans vs. Private Credit

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Analysis of Spread Compression and Future Convergence in Credit Markets

Exploring the sustainability of investor demand for private credit compared to bank loan markets, examining market size, dry powder availability, and investor motivations. Predictions include a convergence of covenants and behaviors between private credit and bank loans, anticipating consistent tight spreads with potential fluctuations.

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