• Oaktree Sees Companies in Trouble as Rates Stay High

  • Nov 21 2024
  • Length: 45 mins
  • Podcast

Oaktree Sees Companies in Trouble as Rates Stay High

  • Summary

  • Private credit to risky borrowers that need a lifeline is poised to boom as rates stay high, according to Oaktree Capital Management. “You’re going to see a lot of what they call rescue financing,” said David Rosenberg, head of liquid performing credit at Oaktree. “That’s going to be one of the greatest opportunities we’ve seen in a decade.” Loans to troubled companies will focus on sectors that have seen most leveraged buyout activity, like technology and health care, Rosenberg tells Bloomberg News’ James Crombie and Bloomberg Intelligence senior credit analyst Jean-Yves Coupin in the latest Credit Edge podcast. Rosenberg and Coupin also discuss liability management, creditor-on-creditor violence, private debt stress, the M&A outlook, European investment opportunities and geopolitical risks.

    See omnystudio.com/listener for privacy information.

    Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Oaktree Sees Companies in Trouble as Rates Stay High

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.