Barclays: Private credit expands borrowing to blue chips, the final market size is expected to reach $22 trillion US dollars.

According to the financial APP of Securities Times, a research report released by Barclays on Thursday shows that private banks, which have become fierce competitors to traditional banks by providing credit to struggling companies, are now making a big push into the field of blue-chip lending. The $1.6 trillion private credit industry has established its position among highly indebted companies by providing faster and more flexible loan terms than Wall Street banks. The report states that they are now increasingly providing loans to companies with the highest credit ratings, a trend that was unheard of a few years ago.