---
title: "Blog | LP Blueprint\" | playbook"
description: playbook | LP Blueprint's blog for capital allocation, GPs and LPs
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# Blog

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[![exterminator](https://blog.lpblueprint.com/hubfs/AI-Generated%20Media/Images/The%20Exterminators%20BillSplitscreen%20comparison%20Left%20side%20A%20pristine%20confident%20fund%20manager%20closing%20deals%20with%20cheap%20debt%20and%20loose%20terms%20Right%20side%20Same.png)](https://blog.lpblueprint.com/blog/private-credit-is-breaking.-your-deals-are-about-to-get-expensive-or-well-rip)

[playbook](https://blog.lpblueprint.com/blog/tag/playbook), [private credit](https://blog.lpblueprint.com/blog/tag/private-credit), [diagnostic](https://blog.lpblueprint.com/blog/tag/diagnostic)

## [Private Credit Is Breaking. Your Deals Are About to Get Expensive, Or Well, RIP](https://blog.lpblueprint.com/blog/private-credit-is-breaking.-your-deals-are-about-to-get-expensive-or-well-rip)

[Adam Metz](https://blog.lpblueprint.com/blog/author/adam-metz) 

 Nov 19, 2025, 9:10:29 AM

This isn't theoretical. This is like 12 hours ago. Bloomberg just ran "Private Extermination," and i...

[Read more](https://blog.lpblueprint.com/blog/private-credit-is-breaking.-your-deals-are-about-to-get-expensive-or-well-rip)

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