Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow

Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow


Key Points
  • Moody’s Ratings downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings.
  • The ratings firm lowered the debt ratings of FS KKR Capital Corp one notch to Ba1 from Baa3 — pushing it into “junk” territory.
  • Moody’s said the fund’s underlying asset quality had worsened more than its peers.
  • Non-accrual loans, meaning borrowers who have stopped making payments, climbed to 5.5% of total investments at the end of 2025, one of the highest rates among rated BDCs, according to the report.



Source

As stocks and bonds fall, and oil hits 0, a futures trade that boomed in 2022 may again be a winner
Finance

As stocks and bonds fall, and oil hits $100, a futures trade that boomed in 2022 may again be a winner

ETF Edge As stocks and bonds fall, and oil hits $100, a futures trade that boomed in 2022 may again be a winner Published Sat, Mar 28 20268:00 AM EDT Krysta Escobar WATCH LIVE Source

Read More
This bargain fintech stock is stuck in a five-year rut. A turnaround is coming
Finance

This bargain fintech stock is stuck in a five-year rut. A turnaround is coming

Source

Read More
Stocks making the biggest moves premarket: AstraZeneca, Unity Software, Coinbase & more
Finance

Stocks making the biggest moves premarket: AstraZeneca, Unity Software, Coinbase & more

Check out the companies making the biggest moves premarket: AstraZeneca — The pharma giant rose 3% after its experimental drug, tozorakimab, was found to meaningfully reduce flare-ups in cases of chronic obstructive pulmonary disease. The drug delivered the results in two late-stage trials, and the company said full results will be delivered at an upcoming […]

Read More