DISTRESSED DEBT LOSES LUSTER FOR FUNDS SEEKING DRAMA-FREE RETURN
https://s.yimg.com/ny/api/res/1.2/nDMpNLNWIqsEToZLIwRsIQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03MjY-/https://media.zenfs.com/en/bloomberg_holding_pen_162/0babd7ea433bd6c211efd52e51d896d6
✍️ Special situation funds are finding it difficult to find distressed debt opportunities, instead opting for higher-quality debt investments with steady income.
👉 Special situation funds are struggling to find distressed debt opportunities 👉 Instead, they are opting for higher-quality debt investments with steady income 👉 Funds are finding attractive yields in the secondary market 👉 Junior-ranking perpetual bonds of real estate companies with solid cash generation and assets are also attracting interest
-- #JacopoBeretta #IsharsimranSawhney #SamPotter #Lugano #London #business
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