 Companies are going bankrupt at the fastest pace since 2009 and there’s no end in sight as rates rise and the economy sputters, according to Jeremy Hill, who covers distressed debt for Bloomberg News. Lenders are no longer providing fresh liquidity to zombie firms across sectors -- from retail to commercial real estate -- leaving them to perish. In this episode of the Credit Edge Podcast, Bloomberg News senior editor James Crombie also talks to Bloomberg Intelligence credit analyst Jaimin Patel about the outlook for US utilities, a refuge from heightened economic and financial stress. Patel weighs the risks -- including access to capital markets and the impact of higher rates -- as well as the ESG opportunities for investors. 

<p> Companies are going bankrupt at the fastest pace since 2009 and there’s no end in sight as rates rise and the economy sputters, according to Jeremy Hill, who covers distressed debt for Bloomberg News. Lenders are no longer providing fresh liquidity to zombie firms across sectors -- from retail to commercial real estate -- leaving them to perish. In this episode of the Credit Edge Podcast, Bloomberg News senior editor James Crombie also talks to Bloomberg Intelligence credit analyst Jaimin Patel about the outlook for US utilities, a refuge from heightened economic and financial stress. Patel weighs the risks -- including access to capital markets and the impact of higher rates -- as well as the ESG opportunities for investors. </p>

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

<p>The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.</p>

The Credit Edge by Bloomberg Intelligence

Bankruptcy Wave Has Only Just Begun; Utility Refuge

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6429062d-79a6-41b1-8746-b006012a8da1/transcript

Advertisement