22 min listen
Distressed Buyers Strike Paydirt; Utility Picks
Distressed Buyers Strike Paydirt; Utility Picks
ratings:
Length:
31 minutes
Released:
May 11, 2023
Format:
Podcast episode
Description
Investors in troubled company debt are excited about the opportunities in banks, retail and health care as rates grind higher and the economy sputters, with one fund making $30 million on a single distressed debt trade. Consumers have been resilient but cracks are spreading, while a shift to electric vehicles adds stress in autos, according to Erin Hudson, who covers distressed debt for Bloomberg News.
In this episode of the Credit Edge Podcast, Bloomberg News senior editor James Crombie also talks to Bloomberg Intelligence analyst Paul Vickars about European energy and utilities. High oil prices have created a windfall and the region is less exposed to volatility from Russia, Vickars says. The UK’s SSE is one to watch as companies sell more green, sustainability and transition bonds.See omnystudio.com/listener for privacy information.
In this episode of the Credit Edge Podcast, Bloomberg News senior editor James Crombie also talks to Bloomberg Intelligence analyst Paul Vickars about European energy and utilities. High oil prices have created a windfall and the region is less exposed to volatility from Russia, Vickars says. The UK’s SSE is one to watch as companies sell more green, sustainability and transition bonds.See omnystudio.com/listener for privacy information.
Released:
May 11, 2023
Format:
Podcast episode
Titles in the series (68)
Structured Credit; Healthcare Distress by The Credit Edge by Bloomberg Intelligence