By  on May 19, 2008

The distressed debt investors are starting to smell blood on the streets.

"Debt trading in some sectors is starting to look distressed," said one institutional trader, who noted that the bonds for one particular retailer are now trading at around 80 cents on the dollar. "Generally it would be considered distressed when the bonds start hitting around the 70s."

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus