All posts tagged "distressed debt"

  • Distressed Debt is Best Performer Year to Date

    Bank of America Merrill Lynch has revealed that U. S. distressed debt which performed so poorly last year, is the best performing asset class so far this year with a gain of 39.5 percent. Source: http://www.nytimes.com/reuters/2009/06/02/business/business-us-distressed-returns-may.html?_r=1 ***

    • Posted June 4, 2009
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  • David Swensen, “There are some really extraordinary opportunities in the credit world”

    David Swensen, author and manager of Yale’s endowment, see unusual opportunities in distressed debt. Mr. Swensen states, “Everything, from bank loans to investment-grade bonds to less-than-investment grade bonds, is priced at really extraordinarily cheap levels.” Source: http://www.bloomberg.com/apps/news?pid=20601087&sid=ab08HlxLZ5FY...

    • Posted January 3, 2009
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