distressed

The Fung family’s right-of-first-refusal is likely to disrupt the $1 billion sale of the toy retailer in Asia. Private equity bidders and distressed debt holders face disappointment.

Distressed and illiquid assets specialist SC Lowy will likely gain a portfolio of South Korean non-performing loans by acquiring Shinmin from a troubled construction firm.

Panellists at the AsianInvestor and FinanceAsia Asia-Pacific Debt Investor Forum mull over why demand for Chinese distressed assets is relatively low.

The FinanceAsia and AsianInvestor 2nd Annual Global Recovery Investing Summit took place on May 4-5 at the Renaissance Harbour View Hotel in Hong Kong

Distress elsewhere in the world is commanding more investor interest than the Asian variety, say a panel of specialists on the subject.

High-yield credit spreads suggest the market is sanguine about credit risks, which puzzles the inventor of the Z-Score, predictor of corporate defaults.

The US bank continues to expand its fixed-income team with the hire of Merrill Lynch veteran Carol Lin.

Nice guys can come second. Participants in the secondary market for distressed debt assess the environment.

The quivering heaps of toxic debt are being alleviated by government stimulus and unprecedented liquidity.