Published Mar 18, 2026, 10:52 AM ET · Updated 8 months ago · 1 source

Pimco Steers Clear of ‘Pretty Bad’ Private Credit Loans on Sale

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bloomberg
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Original Report

Pacific Investment Management Co. is staying away from loans being put up for sale amid the tumult in the $1.8 trillion private credit market because they’re “pretty bad,” according to its president Christian Stracke.