Cracks are starting to form in the $1.5 trillion private-credit market, and the hot sector could face its first major test since exploding in size over the past decade.

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Draw Nigh is a 2yo bay gelding (male) from United States trained by Terri Eaton, who is based at . He is sired by the stallion Last Draw out of the dam Montada. Draw Nigh is yet to break his maiden ...