Financing companies with borrowed money has been unlikely hero during pandemic era
Market Report 28-08-21 Debt – the financing of companies with borrowed money – has been an unlikely hero during the pandemic era. Particularly, distressed debt, which involves lending to companies that have bad balance sheets, are defaulting on debt covenants or are nearing bankruptcy, has performed extremely well. According to Eurekahedge.com, their Distressed Debt Hedge […]