This discussion features Shubham Saharan, a senior reporter focused on private credit, and David Brooke, the US private credit editor with extensive expertise in the field. They delve into the rising prominence of synthetic PIKs in a high-interest-rate environment. The duo unpacks the flexibility and unique risks of these financial tools, their implications for borrowers and lenders, and the importance of clear reporting standards. Listeners will gain insights on whether synthetic PIKs are fleeting trends or here to stay in private credit markets.