Sentences with phrase «debt of bankrupt companies»

Likewise, in 1988, he and his longtime business partner, Bruce Karsh, created a distressed debt fund at TCW, profiting from the perception that it was «disreputable» to buy the debt of bankrupt companies.

Not exact matches

In other words, if the company is faltering or on the verge of going bankrupt, the venture debt investors have a better chance of getting their money out before the investment turns to zero.

Hansen represented a group of investors in Trump's casino company, which was going bankrupt (potentially costing the investors $ 1.25 billion in defaulted debt).

Shares in the company were once again sliding on Monday after the company's C.E.O., Elon Musk, joked on April 1 that Tesla had gone bankrupt, an apparent attempt to make light of concerns that the electric car maker is straining under its debt load.

If you owned or bought shares of Halcon Resources at the start of 2016, you got slaughtered, as the company went bankrupt, emerging in a «prepackaged» plan that it negotiated with its debt holders.

America Movil has expressed interest in acquiring some or all of bankrupt Brazilian telecom company Oi, which in June sought protection from creditors holding $ 20 billion in debt.

The Fund seeks to achieve this by investing primarily in the following categories of securities and instruments of corporations and other business entities: (i) secured and unsecured floating and fixed rate loans; (ii) bonds and other debt obligations; (iii) debt obligations of stressed, distressed and bankrupt issuers; (iv) structured products, including but not limited to, mortgage - backed and other asset - backed securities and collateralized debt obligations; (v) equities; (vi) other investment companies, including business development companies; and (vii) real estate investment trusts.

A debt investor focuses in on companies with solid tangible assets because it provides a better protective foundation for the repayment of the debt's principal in the event a company experiences difficulties or were to go bankrupt.

Fifty - two oil companies have already filed for bankruptcy this year, and over one - third of the world's biggest oil and gas companies could end up bankrupt in 2016 under stress from crushing debt loads (over US$ 150 billion) and lacklustre cash flows depressed by low oil prices, according to a recent study by Deloitte.

The duties of an official receiver will include examining the company / bankrupt's property which is available to pay the debts and distributing the money amongst the creditors