Companies with $200 billion in debt face a reckoning as funding costs stay high and debt comes due over the next few years, according to distressed specialist Oaktree Capital Management.
Oaktree’s Poli Sees a $200 Billion ‘Distressed Moment’ Coming as Rates Stay High
Companies with $200 billion in debt face a reckoning as funding costs stay high and debt comes due over the next few years, according to distressed specialist Oaktree Capital Management.
This article was originally published by
Bloomberg Markets
and is republished here under license.
Leave a Reply