Moody’s report says private-credit borrowers may be in worse shape than reported defaults show, but middle-market loan-fund results remain stable. It gives no sign of a change to Moody’s own business, so the story does not shift its outlook.
The report points to more strain among borrowers, but it does not say Moody’s sales or profit changed. Loan-fund results remained stable, and the warning concerns borrowers and loan portfolios rather than Moody’s own business.
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