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KMS,Inc: Restructured In IQ 2025

Summary by BDC Credit Reporter
Once again BDCs have taken control of an ailing borrower in a debt-for-equity swap, this time in the wholesale distribution industry. Realized losses have been incurred by the 3 public BDCs involved.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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BDC Credit ReporterBDC Credit Reporter

KMS,Inc: Restructured In IQ 2025

Once again BDCs have taken control of an ailing borrower in a debt-for-equity swap, this time in the wholesale distribution industry. Realized losses have been incurred by the 3 public BDCs involved.

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BDC Credit Reporter broke the news in on Thursday, June 5, 2025.
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