BXSL
2 tracked calls · 0 long · 2 short
first called by Jordi Visser 4mo ago
SHORT3mo ago
“the credit cycle is in the early stages of deleveraging … a very large default this week in Medallia”Jordi Visser
Private credit in early deleveraging; large defaults imperil BDC lenders, stay short
BXSLSHORT@ $23.93
$22.70+5.12%
since call Apr 26
peak +5.1%
SHORT4mo ago
“26% is software and 11% is professional services … there's no way that these books reflect the risk that's coming in the next few years from the software side”Jordi Visser
Private credit stress is accelerating with software-heavy books facing AI disruption and reflexive runs
BXSLSHORT@ $24.09
$22.70+5.78%
since call Mar 22
peak +5.8%