JPMorgan-led bank group tightens credit line on troubled KKR private credit fund
A bank syndicate led by JPMorgan Chase is curbing the credit line of FSK, a publicly listed KKR private credit fund, as losses widen. The move spotlights mounting concern over risks in the fast-growing $1.7 trillion private credit market.
CNBC Top News1 h agoJPM KKR FSK