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Patrick Ryan Quoted in PDI on the Relationship Between Banks and Private Credit
04.03.24
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Banking and Credit Partner Patrick Ryan was quoted in a Private Debt Investor article, which discussed how the rise of private credit funds has impacted the relationship between banks and fund managers. Patrick noted, “In the event-driven or acquisition space, most borrowers seeking financing for big deals are going to look at both BSL and private credit options.” When providing insight on the outlook moving forward, he added, “These two debt ecosystems are going to coexist. There’s going to be a choice.”
To read the full article, please click here (subscription required).