Moody's warns private credit funds about problem loans

Moody's: Some stressed companies engage in creative financing technique that allowed them to raise new money. At Home Group and Trinseo have engaged in liability-management transactions, called "double dip" Moody's report: Many junk-rated companies engaged in ‘double dip’ to raise liquidity.

Moody’s Ratings this week gave private credit investors greater reason for concern about credit quality. The ratings company on Monday reduced its outlook for di. credit investors. The $1.7 trillion industry is booming. The rating company on. Monday reduced the outlook for private credit funds on Monday.