{"id":4003,"date":"2026-05-12T00:14:00","date_gmt":"2026-05-11T22:14:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=545e863a7fb56ff2114fd20944208906"},"modified":"2026-05-12T00:14:00","modified_gmt":"2026-05-11T22:14:00","slug":"kbra-releases-research-private-credit-medallias-looming-default-will-be-widely-dispersed","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=4003","title":{"rendered":"KBRA Releases Research \u2013 Private Credit: Medallia\u2019s Looming Default Will Be Widely Dispersed"},"content":{"rendered":"<p>NEW YORK--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/creditratingagency?src=hash\" >#creditratingagency<\/a>--KBRA releases research examining the potential impact of Medallia's looming default on the private credit universe. Although this represents one of the larger term loans in the direct lending market\u2014at nearly $3 billion\u2014we conclude that KBRA-rated vehicles with exposure, as well as the broader direct lending market, are well positioned to absorb any potential losses.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260511429850\/en\/2801789\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260511429850\/en\/2801789\/22\/kbra-logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260511429850\/en\/2801789\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260511429850\/en\/2801789\/21\/kbra-logo.jpg\" \/><\/a><p>\nClick <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FDPrKVPFL&amp;esheet=54532848&amp;newsitemid=20260511429850&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=a04401e24bbae4dda47d8e10a67e5255\" rel=\"nofollow\" shape=\"rect\">here<\/a> to view the report.<\/p><p>\n<strong>Recent Publications<\/strong><\/p><ul class=\"bwlistsquare\">\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FMKTMCXgv%2Fprivate-credit-q1-2026-middle-market-compendium-stability-despite-march-madness&amp;esheet=54532848&amp;newsitemid=20260511429850&amp;lan=en-US&amp;anchor=Private+Credit%3A+Q1+2026+Middle+Market+Compendium%3A+Stability+Despite+March+Madness&amp;index=2&amp;md5=9d3134d9cffe0f7d51c30004e4070d00\" rel=\"nofollow\" shape=\"rect\">Private Credit: Q1 2026 Middle Market Compendium: Stability Despite March Madness<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FmzTwxFtC%2Fprivate-credit-deep-dive-on-ai-and-software&amp;esheet=54532848&amp;newsitemid=20260511429850&amp;lan=en-US&amp;anchor=Private+Credit%3A+Deep+Dive+on+AI+and+Software&amp;index=3&amp;md5=0bd02f774483fb7ab08287b697aef45c\" rel=\"nofollow\" shape=\"rect\">Private Credit: Deep Dive on AI and Software<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FqbkrYLnv%2Frecurring-revenue-loan-metrics-dashboard-q4-2025&amp;esheet=54532848&amp;newsitemid=20260511429850&amp;lan=en-US&amp;anchor=Recurring+Revenue+Loan+Metrics+Dashboard%3A+Q4+2025&amp;index=4&amp;md5=5ed6d8e1897d230e9a035add12db1c76\" rel=\"nofollow\" shape=\"rect\">Recurring Revenue Loan Metrics Dashboard: Q4 2025<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FjhmNKGZY%2Fprivate-credit-2026-outlook&amp;esheet=54532848&amp;newsitemid=20260511429850&amp;lan=en-US&amp;anchor=Private+Credit%3A+2026+Outlook&amp;index=5&amp;md5=ab2eaecaf0b4121bbf7fcbb99c1952c2\" rel=\"nofollow\" shape=\"rect\">Private Credit: 2026 Outlook<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FmpftfNbZ%2Fprivate-credit-impact-of-pluralsights-potential-restructuring-will-be-widely-dispersed-and-no-effect-on-ratings-expected&amp;esheet=54532848&amp;newsitemid=20260511429850&amp;lan=en-US&amp;anchor=Private+Credit%3A+Impact+of+Pluralsight%26%238217%3Bs+Potential+Restructuring+Will+Be+Widely+Dispersed+and+No+Effect+on+Ratings+Expected&amp;index=6&amp;md5=fc304ff2a4c3fcdbd5a7f8a7ce08dda2\" rel=\"nofollow\" shape=\"rect\">Private Credit: Impact of Pluralsight\u2019s Potential Restructuring Will Be Widely Dispersed and No Effect on Ratings Expected<\/a><\/li>\n<\/ul><p>\n<strong>About KBRA<\/strong><\/p><p>\nKBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.<\/p><p>\nDoc ID: 1014912<\/p><br\/> <b>Contacts<\/b> <br\/><p>\nJohn Sage, Senior Director\n<br\/>+1 646-731-1452\n<br\/><a  href=\"mailto:john.sage@kbra.com\" rel=\"nofollow\" shape=\"rect\">john.sage@kbra.com<\/a><\/p><p>\nWilliam Cox, Chief Rating Officer\n<br\/>+1 646-731-2472\n<br\/><a  href=\"mailto:william.cox@kbra.com\" rel=\"nofollow\" shape=\"rect\">william.cox@kbra.com<\/a><\/p><p>\nEric Neglia, Global Head of Corporate Portfolio Finance and Direct Lending\n<br\/>+1 646-731-2456\n<br\/><a  href=\"mailto:eric.neglia@kbra.com\" rel=\"nofollow\" shape=\"rect\">eric.neglia@kbra.com<\/a><\/p><p>\nEric Hudson, Senior Managing Director, Co-Head of Global Structured Credit\n<br\/>+1 646-731-3320\n<br\/><a  href=\"mailto:eric.hudson@kbra.com\" rel=\"nofollow\" shape=\"rect\">eric.hudson@kbra.com<\/a><\/p><p>\nAndrew Giudici, Global Head of Corporate, Project, and Infrastructure Finance\n<br\/>+1 646-731-2372\n<br\/><a  href=\"mailto:andrew.giudici@kbra.com\" rel=\"nofollow\" shape=\"rect\">andrew.giudici@kbra.com<\/a><\/p><p>\nShane Olaleye, Senior Managing Director\n<br\/>+1 646-731-2432\n<br\/><a  href=\"mailto:shane.olaleye@kbra.com\" rel=\"nofollow\" shape=\"rect\">shane.olaleye@kbra.com<\/a><\/p><p>\nTeri Seelig, Managing Director\n<br\/>+1 646-731-2386\n<br\/><a  href=\"mailto:teri.seelig@kbra.com\" rel=\"nofollow\" shape=\"rect\">teri.seelig@kbra.com<\/a><\/p><p>\nPeter Connolly, Senior Director\n<br\/>+81 3-6690-1113\n<br\/><a  href=\"mailto:peter.connolly@kbra.com\" rel=\"nofollow\" shape=\"rect\">peter.connolly@kbra.com<\/a><\/p><p>\n<strong>Media Contacts<\/strong><\/p><p>\nAdam Tempkin, Senior Director of Communications\n<br\/>+1 646-731-1347\n<br\/><a  href=\"mailto:adam.tempkin@kbra.com\" rel=\"nofollow\" shape=\"rect\">adam.tempkin@kbra.com<\/a><\/p><p>\nMatt Turner, Associate Director\n<br\/>+353 1 588 1231\n<br\/><a  href=\"mailto:matt.turner@kbra.com\" rel=\"nofollow\" shape=\"rect\">matt.turner@kbra.com<\/a><\/p><p>\n<strong>Business Development Contacts<\/strong><\/p><p>\nConstantine Schidlovsky, Senior Director\n<br\/>+1 646-731-1338\n<br\/><a  href=\"mailto:constantine.schidlovsky@kbra.com\" rel=\"nofollow\" shape=\"rect\">constantine.schidlovsky@kbra.com<\/a><\/p><p>\nMichael Caro, Senior Director\n<br\/>+1 646-731-2382\n<br\/><a  href=\"mailto:michael.caro@kbra.com\" rel=\"nofollow\" shape=\"rect\">michael.caro@kbra.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>NEW YORK&#8211;(BUSINESS WIRE)&#8211;#creditratingagency&#8211;KBRA releases research examining the potential impact of Medallia&rsquo;s looming default on the private credit universe. Although this represents one of the larger term loans in the direct lending market\u2014at ne&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4003","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4003"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4003\/revisions"}],"predecessor-version":[{"id":4004,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4003\/revisions\/4004"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}