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Podcast: FICC Focus
Episode: Credit Crunch: Proskauerâs Boyko on Outcomes in Private Credit
Description: âWhatâs different in private credit versus large broadly syndicated loans is in private credit theyâre very focused on the ability to incur additional debt, the ability to distribute assets or distribute money through dividends or otherwise,â says Stephen Boyko, partner and co-founder of Proskauerâs Private Credit Group. âTheyâre also incredibly concerned about the flexibility of the documents.â Boyko joins Bloomberg Intelligenceâs Noel Hebert on the latest episode of the Credit Crunch podcast to discuss the evolution of private credit and private credit documentation, why current headlines are inconsistent with market trends and lender protections. The two also discuss ke...