George Goudelias

George Goudelias, Chief Investment Officer at Seix Investment Advisors, delves into the rising crisis of 'zombie borrowers' as interest rates soar. He warns these highly-indebted companies, with weak cash flow, face growing pressure in the current market. They also explore the impact of private credit on traditional leveraged finance and identify risky sectors like tech and healthcare amidst poor covenants. Goudelias shares insights on attractive investment buckets and cautions about the consequences of loose underwriting in the private credit space.