Market Views

The Value of Paid-in-Kind (PIK) Interest for Private Credit Investors

Grishma Parekh
Managing Director
Mike Patterson headshot
Michael Patterson
Founding Partner, Co-President
Published on: June 05, 2024

Private credit investors often use Paid-in-Kind (PIK) interest as a competitive advantage over broadly syndicated markets while also providing flexibility to companies, as Grishma Parekh, Co-Head of HPS North American Core Senior Lending, and Mike Patterson, an HPS Governing Partner. discuss in this video.