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Business & Finance

'Nobody underwrote for that': Private credit faces a key test as higher rates squeeze borrowers

CNBC Tuesday 14 July 2026, 05:00 UTC 1 min read
Key Points

Private credit is facing a new pressure point from elevated rates, which could hit under-pressure borrowers.

Private credit is facing a new pressure point from elevated rates, which could hit under-pressure borrowers.
Originally published by CNBC Read original →

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