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2026-07-23 16:58:06 UTC

cryptoshi2k21.bitcoin on Nostr: Credit secondary buyers are paying ~99% of FMV for senior loan portfolios. Those same ...

Credit secondary buyers are paying ~99% of FMV for senior loan portfolios.

Those same buyers target 10-15% levered net IRRs.

The loans yield maybe 10% gross. Work backwards from the return target and tell me what they're actually paying...