Oaktree’s Poli Sees a $200 Billion ‘Distressed Moment’ Coming as Rates Stay High

Companies with $200 billion in debt face a reckoning as funding costs stay high and debt comes due over the next few years, according to distressed specialist Oaktree Capital Management.

By Owen McCarthy · Bloomberg Markets

Companies with $200 billion in debt face a reckoning as funding costs stay high and debt comes due over the next few years, according to distressed specialist Oaktree Capital Management.