Private credit to risky borrowers that need a lifeline is poised to boom as rates stay high, according to Oaktree Capital Management. “You’re going to see a lot of what they call rescue financing,” said David Rosenberg, head of liquid performing credit at Oaktree. “That’s going to be one of the greatest opportunities we’ve seen in a decade.” Loans to troubled companies will focus on sectors that have seen most leveraged buyout activity, like technology and health care, Rosenberg tells Bloomberg News’ James Crombie and Bloomberg Intelligence senior credit analyst Jean-Yves Coupin in the latest Credit Edge podcast. Rosenberg and Coupin also discuss liability management, creditor-on-creditor violence, private debt stress, the M&A outlook, European investment opportunities and geopolitical risks.

<p>Private credit to risky borrowers that need a lifeline is poised to boom as rates stay high, according to Oaktree Capital Management. “You’re going to see a lot of what they call rescue financing,” said David Rosenberg, head of liquid performing credit at Oaktree. “That’s going to be one of the greatest opportunities we’ve seen in a decade.” Loans to troubled companies will focus on sectors that have seen most leveraged buyout activity, like technology and health care, Rosenberg tells Bloomberg News’ James Crombie and Bloomberg Intelligence senior credit analyst Jean-Yves Coupin in the latest Credit Edge podcast. Rosenberg and Coupin also discuss liability management, creditor-on-creditor violence, private debt stress, the M&amp;A outlook, European investment opportunities and geopolitical risks.</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

Oaktree Sees Companies in Trouble as Rates Stay High

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/edf2d1b9-5fa0-439e-96df-b22f011f65c1/transcript

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