The JCP Platform experienced a second consecutive year of record investment activity across high-quality opportunities.
Jefferies Credit Partners
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In this article, we explore why we believe Fixed Charge Coverage Ratio (FCCR) is a more reliable measure of creditworthiness than the widely marketed Interest Coverage Ratio (ICR), and how relying on adjusted EBITDA can expose investors to hidden risks.
Watch John Liguori, CIO of Mid-Cap Direct Lending at Jefferies Credit Partners, discuss recent developments in the private credit space.