A Possible Turning Point For Distressed Debt

Tight credit isn’t the only factor driving the Distress Ratio’s rise and fall. But it’s a powerful one that’s likely to keep making it harder for struggling companies to refinance their maturing debt in coming months. It all adds up to a likelihood that distressed-debt investors will have a significantly wider array of bonds to choose from before very long.

Rising Up From The Great Debacle

Today’s Daily Journal features an exclusive book excerpt highlighting the dean of high-yield investing Marty Fridson, Porter & Co. Distressed Investing’s senior analyst. Marty has written eight books on investing – including The Little Books Of Picking Top Stocks and Financial Statement Analysis – and now is the focus of a chapter of a book on corporate finance being released soon.