comparemela.com

Latest Breaking News On - Oaktree to angelo gordon co - Page 1 : comparemela.com

With $1 Trillion of Distress Gone, Debt Pickers Fight for Scraps

With $1 Trillion of Distress Gone, Funds Find Scraps Bloomberg 11 mins ago Katia Porzecanski and Katherine Doherty (Bloomberg) For investment firms that profit by buying the debt of troubled companies, it looked like the opportunity of a lifetime: a $1 trillion pile of distressed bonds and loans in the Americas alone as the pandemic sent markets into meltdown last March. Popular Searches But after a massive federal bailout and rock-bottom interest rates kept even some of the shakiest companies afloat, those juicy targets have shriveled to less than $100 billion. That’s left distressed-debt specialists who at one point last year had $131 billion to spend rummaging for increasingly elusive bargains. Even the real estate sector, which was hammered after the pandemic shuttered offices, hotels and stores, has managed for now to avoid an epic wipeout.

With $1 Trillion of Distress Gone, Debt Pickers Find Scraps

With $1 Trillion of Distress Gone, Debt Pickers Find Scraps Distressed debt specialists who at one point last year had $131 billion to spend are rummaging for increasingly elusive bargains. Bloomberg | Apr 06, 2021 (Bloomberg) For investment firms that profit by buying the debt of troubled companies, it looked like the opportunity of a lifetime: a $1 trillion pile of distressed bonds and loans in the Americas alone as the pandemic sent markets into meltdown last March. But after a massive federal bailout and rock-bottom interest rates kept even some of the shakiest companies afloat, those juicy targets have shriveled to less than $100 billion. That’s left distressed-debt specialists who at one point last year had $131 billion to spend rummaging for increasingly elusive bargains. Even the real estate sector, which was hammered after the pandemic shuttered offices, hotels and stores, has managed for now to avoid an epic wipeout.

With US$1 trillion of distress gone, debt pickers find scraps

With US$1 trillion of distress gone, debt pickers find scraps
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

With $1 Trillion of Distress Gone, Debt Pickers Fight for Scraps

With $1 Trillion of Distress Gone, Debt Pickers Fight for Scraps
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.