
KBRA research on AI risks in direct lending for MM borrowers and BDCs amid market fluctuations.
KBRA has recently published a report discussing the potential risks posed by artificial intelligence (AI) to the direct lending sector amid market volatility. The analysis concentrates on middle market (MM) borrowers with loans in MM collateralized loan obligations, business development companies (BDC), rated feeder notes into direct lending funds, and recurring revenue loan asset-backed securities. This research aims to provide insights and data on this topic.

