Veritas Capital is exploring a reduction in its stake in a private loan used to finance Thoma Bravo's buyout of Medallia, highlighting evolving approaches in the $1.6 trillion private credit market. Key players such as Blackstone, Apollo Global Management, Inc., and Antares Capital LP are involved in marking the Medallia loan at close to face value, reflecting minimal distress. Jill R. Shah, Ellen Rose Schneider, and Davide Scigliuzzo | Bloomberg https://lnkd.in/engT6EB5 #PrivateDebt #PrivateCredit
