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

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.

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