
Bourbon and Bonds: The Credit Edge 2025 Outlook
The Credit Edge by Bloomberg Intelligence
00:00
Navigating Credit Market Challenges and Liability Management Exercises
This chapter delves into the effectiveness of liability management exercises (LMEs), revealing their success rate and the challenges faced in the lower segment of the credit market. The discussion emphasizes the urgency of resolving financial issues out of court to prevent defaults and bankruptcies, advocating for consensus-building through liability management exchanges to better investor recoveries.
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.