Sep 15th, 2022
Rates Need to Hit 6% Before Firms Struggle: Ares's Jacobson
As the age of easy credit comes to an end amid a challenging macro backdrop, "I'd be concerned" about lenders who accepted terms without much protection, says Ares co-Head of European Private Credit Blair Jacobson, adding that base rates would have to hit 6% before companies feel the pinch. Jacobson speaks with Dani Burger and Manus Cranny on "Bloomberg Daybreak: Europe."
