Distressed Debt Could Be A Return Winner

29 Apr 2010

Investments in distressed debt could return up to 20% this year, according to James Dondero, one of the founders of Highland Capital Management.

Investments in distressed debt could return up to 20% this year, according to James Dondero, one of the founders of Highland Capital Management. Dondero said in an interview that “low economic growth is the sweet spot for leveraged loans,” adding that “growth is sufficient to keep default risk ...

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