

Loan Defaults Outpace Bonds; Country Garden Woes
Aug 17, 2023
Leveraged loan defaults surpass junk bonds, causing pain for companies with floating-rate debt. Bloomberg Intelligence analyst discusses the debt crisis at troubled Chinese developer Country Garden.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
Increased Credit Deals and Favorable Market Conditions
01:46 • 3min
Remaining Deals on Banks' Balance Sheets
04:18 • 7min
Loan Defaults Outpacing High Yield Bond Defaults
11:04 • 5min
Financial Concerns for Country Garden Holdings
15:37 • 9min
Home Buyers and Risks, Acknowledgments and Call to Action
24:49 • 3min