A BlackRock Inc. private credit fund in Asia has suffered the first default by a borrower in its portfolio after a Chinese company failed to repay a loan, according to people familiar with the matter.
BlackRock’s Asia Private Credit Fund Sees China Borrower Default
A BlackRock Inc. private credit fund in Asia has suffered the first default by a borrower in its portfolio after a Chinese company failed to repay a loan, according to people familiar with the matter.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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