Distressed Debt In The US Doubles In 2 Weeks To $500BN As BofA Expects Surge In Defaults

Mar 20th 2020 12:20pm EDT

Distressed Debt In The US Doubles In 2 Weeks To $500BN As BofA Expects Surge In Defaults Last week, in the aftermath of the historic oil price collapse, we warned that the long-awaited “fallen angel” day has arrived, as $140 billion in oil producer (and up to $360 if one includes the mid-stream companies) investment […]

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