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Bloomberg: Private credit investors prefer to be trapped than take 26% loss

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Bloomberg - August 27, 2026

Private credit investors prefer to be trapped than take 26% loss

A tender offer to buy non-traded BDC shares at steep discounts drew virtually no interest, suggesting investor anxiety over private credit may have limits. Stanger's Michael Covello was quoted on why investors opted to wait for redemptions at NAV rather than accept the discount.

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