Private Credit Competition Arms Race
19:29–21:06 · 97s
Sheehan explains how funds took money first, then scrambled to find loans, creating a 'who jumps highest' dynamic that pushed down rates and weakened covenants.
19:29–21:06 · 97s
Sheehan explains how funds took money first, then scrambled to find loans, creating a 'who jumps highest' dynamic that pushed down rates and weakened covenants.
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