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Private credit roundup: Software marks and Blackstone's backlog of redemptions

Source: reuters.com

Credit & Bond MarketsBanking & LiquidityAnalyst InsightsCompany Fundamentals
Private credit roundup: Software marks and Blackstone's backlog of redemptions

In 1H 2026, U.S. private-credit portfolio values fell further below reported cost as market spreads widened and stress surfaced among some borrowers. The Reuters analysis highlights that pressure has been most notable in the software sector. Overall, the setup points to worsening credit conditions rather than isolated deal-specific issues.

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