HLI Flags Rising Stress Among Smaller Private-Credit Borrowers
Houlihan Lokey flagged rising private-credit stress among smaller borrowers, even as default rates remain low and underlying fundamentals stay supportive. The firm noted increasing strain in that segment of the market.
Why it matters — A Houlihan Lokey watcher would care because rising stress among smaller private-credit borrowers could affect the firm's advisory and restructuring activity, even while overall defaults stay low.