Crescent Capital BDC in talks with portfolio companies to assess exposure to failed Silicon Valley Bank and Signature Bank

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Crescent Capital BDC Inc. said Wednesday it has no direct exposure to the failed Silicon Valley Bank and Signature Bank along with the broader regional...

Crescent Capital BDC Inc.

said Wednesday it has no direct exposure to the failed Silicon Valley Bank SIVB and Signature Bank SBNY, along with the broader regional banking sector. However, the small business lender has been in active dialogue with the sponsors and management teams of its portfolio companies to assess their exposure to the banks and sector.

said Wednesday it has no direct exposure to the failed Silicon Valley Bank SIVB and Signature Bank SBNY , along with the broader regional banking sector. However, the small business lender has been in active dialogue with the sponsors and management teams of its portfolio companies to assess their exposure to the banks and sector.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines