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14 July 2026
BIS - Avalos, Cornelli, Eren: AI disruption in private credit: exposure to software firms in BDCs
Key takeaways
- Business development companies (BDCs) have lent around $115 billion to software firms, which represents about a fifth of all their lending and over 80% of their fast-growing technology portfolios.
- Borrowers' revenue uncertainty posed by generative artificial intelligence has ...
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