(Bloomberg) — Oaktree Capital Management’s Danielle Poli says the moment for the distressed debt shop to scoop up the asset class in droves isn’t here yet as global credit markets remain relatively resilient. “There are opportunities currently to step in, but I think that the bigger opportunities for bigger price movement may be further down…
Junk-debt sales on both sides of the Atlantic surged on Monday as firms took advantage of easing geopolitical tensions after US President Donald Trump abandoned his Greenland-linked tariff threats. Some 30 deals worth about $39 billion swooped on the US leveraged loan market — mainly to reprice existing loans or refinance debt — in the…
While the broader markets have flinched at every political tremor, the world of risky debt is acting like almost nothing’s wrong. The market for triple C bonds — debt that’s deep into junk territory — is thriving. Companies are seeking new leveraged loans at a clip. Some deals have been so popular that banks are…
