Companies with floating-rate debt are feeling the pain of higher interest costs as leveraged loan defaults outpace that of junk bonds, Bloomberg News’ Jill Shah, says. The one-year default rate for US loan borrowers has soared to 4%, an analysis by Morgan Stanley shows. Also on this episode of the Credit Edge podcast, Bloomberg News corporate finance reporter Olivia Raimonde chats with Bloomberg Intelligence analyst Daniel Fan who covers China properties. He walks us through the debt crisis unfolding at distressed Chinese developer Country Garden.

<p>Companies with floating-rate debt are feeling the pain of higher interest costs as leveraged loan defaults outpace that of junk bonds, Bloomberg News’ <a href="bbg://people/profile/22105135">Jill Shah</a>, says. The one-year default rate for US loan borrowers has soared to 4%, an analysis by Morgan Stanley shows. Also on this episode of the Credit Edge podcast, Bloomberg News corporate finance reporter <a href="bbg://people/profile/21450406">Olivia Raimonde</a> chats with Bloomberg Intelligence analyst <a href="bbg://people/profile/1885630">Daniel Fan</a> who covers China properties. He walks us through the debt crisis unfolding at distressed Chinese developer Country Garden.</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

Loan Defaults Outpace Bonds; Country Garden Woes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0d328b65-7de8-4121-898b-b061014f6fa3/transcript

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