Private Credit Fund Run by Future Standard and KKR Cut to Junk by Moody’s
The Big Market Report Take
A private credit fund jointly run by Future Standard and KKR & Co. lost one of its investment-grade ratings, a rare occurrence in the $1.8 trillion private credit market that could result in higher borrowing costs for the $14 billion investment vehicle.
Not financial advice. The Big Market Report aggregates news for informational purposes only. Nothing on this site constitutes investment advice. Equities and other securities are subject to market risk. Always do your own research and consult a qualified financial advisor before making any investment decisions. Full disclaimer →
Never miss a story
More from this section
- Innovative Aerosystems: Strong Buy Despite Growth Headwinds This YearSeeking Alpha1h ago
Pre-IPO Gecko Robotics Wins Its Biggest-Ever Navy ContractThe Motley Fool1h ago
This AI Cryptocurrency Is Up 57% in 3 Months. Is It the Next XRP?The Motley Fool1h ago
7 Simple Steps to Lower Your Social Security Benefit TaxesThe Motley Fool1h ago