03-07-2025
Debt Investor Marblegate Sees Pain Rising for Private Borrowers
Private US companies are running out of room to manage their growing debt loads, potentially posing trouble for their direct lenders, according to one distressed-debt firm that is ready to come to the rescue.
Bankruptcies by mid-sized private US companies hit their highest level since 2010 last year as high interest rates and costs squeezed profits, and so far 2025 looks poised for another record, according to a report from Marblegate Asset Management and RapidRatings.