Insider Quotes Ranesh Ramanathan on Opportunities in Private Credit Amidst Turmoil in Banking Sector
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Insider quoted Ranesh Ramanathan, co-leader of Akin’s special situations & private credit group, regarding opportunities in the private credit market, as companies and investors seek new financing from outside the traditional banking system.
"Borrowers used to look at these banks and say, 'Look, the banks, they've been around forever. They're stable. I can always count on the banks being there for me.' And now when something like this happens, all of a sudden the question is: 'Wait a minute. Can I? Is it really that stable?’," said Ramanathan.
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