Pressures are building on the commercial real estate sector, with distressed debt on commercial properties climbing to a 10-year record the past quarter. The value of commercial real estate properties ...
In finance, navigating the terrain of distressed debt requires a keen understanding of its opportunities and risks. For financial institutions, investors, and legal advisors alike, delving into ...
In a world brimming with risk takers, some of the market’s biggest gamblers are taking their chips off the table. While receding fears of a global trade war and recession power rallies in everything ...
When Centerbridge Partners, a New York–based private equity and distressed-debt investor, gained the right this spring to sponsor the reorganization of bankrupt Extended Stay Hotels, it was more than ...
A high-stakes battle unfolding in commercial real estate involves big Wall Street players and Elon Musk — and it’s not about his tweets. That debt is held by Goldman Sachs, CitiBank and Deutsche Bank, ...
Rapidly rising Treasury yields have brought back fears of a potential wave of defaults across emerging markets, with investors questioning which countries struggling with heavy debt loads will miss ...
Distressed-debt giant Oaktree Capital sees big opportunities in credit unfolding over the next few years as a wall of debt comes due. Oaktree’s incoming co-chief executives Armen Panossian, head of ...
Citigroup Inc. has decided to exit the distressed-debt trading business, the latest retrenchment in Chief Executive Officer Jane Fraser’s effort to reshape the firm in pursuit of higher returns. The ...
Distressed-debt investors will be watching a trial starting Thursday over Incora’s 2022 debt transaction that could reshape the aerospace parts distributor’s restructuring plan. In that deal, Wesco ...
Canadian satellite operator Telesat Corp. is preparing to kick off talks with lenders over at least $1.7 billion in debt that currently trades at distressed levels, its chief executive officer said.