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Moody's cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow

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Mar 24, 2026 - 12:10
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Moody's cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow
The move by Moody's is the latest sign of distress in private credit; retail investors have been rushing to withdraw funds from Blackstone to Apollo.

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