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Latest news with #DistressedDebt
Bloomberg
6 days ago
- Business
- Bloomberg
Burned Credit Investors Find Relief in Cleaner, Reworked Debt
Distressed debt investors are piling into a new strategy to make money from troubled companies. For decades, their playbook was simple: buy corporate bonds and loans when they first drop in value and profit from either a gradual recovery or, if things don't improve, from restructuring negotiations that could hand them an equity stake in the company.
Bloomberg
15-07-2025
- Business
- Bloomberg
Recovery From Distressed Debt Swaps Beats Bankruptcy, Fitch Says
Distressed debt exchanges have been delivering better average outcomes for lenders compared to bankruptcies, according to a Fitch Ratings report. Such swaps have yielded an average recoveries of between 77.8% and 92.8%, according to Fitch, which analyzed transactions from 2024 through the first quarter.
