logo
episode-header-image
Aug 2023
31m 21s

Debt Markets Ready for Sales Rush; Cruis...

bloomberg
About this episode

Banks are readying about $15 billion of leverage buyout debt for sale starting in September, stepping back into M&A after losses piled up on their books last year, Bloomberg News’ Paula Seligson, says. Also on this episode of the Credit Edge podcast, Bloomberg News corporate finance reporter Olivia Raimonde chats with Bloomberg Intelligence analyst Jody Lurie, who covers the leisure sector. Lurie walks us through the cruise-line industry’s recovery from the pandemic.

See omnystudio.com/listener for privacy information.

Up next
Jul 16
Bull Run in Loans Slams CLO Equity Buyers, Says Eagle Point’s Majewski
Collateralized loan obligations face a second straight year of equity losses, according to Eagle Point Credit Management, a major buyer. “Where we stand right now, it’s certainly possible,” Tom Majewski, the $14 billion private-credit manager’s founder and managing partner, says ... Show More
47m 9s
Jul 9
Sona’s CEO Sees ‘Exciting’ Growth in Asset-Based Finance, SRTs
Sona Asset Management is looking to expand its business in asset-based finance and significant risk transfers as public and private debt markets converge. “The thing that excites us the most is the scope for growth in ABF markets here in Europe,” Henrik Johnsson, the London-based ... Show More
45 m
Jul 1
SpaceX Bondholders Face Huge Key Person Risk on Their Elon Musk Trip
SpaceX bondholders are bolstered by a fat equity cushion, high-grade ratings and a relatively small amount of debt outstanding — but they depend on founder Elon Musk, according to Bloomberg Intelligence. “There’s a huge risk there, and the rating agencies have actually pointed th ... Show More
35m 54s
Recommended Episodes
Oct 2023
Banks Beating Expectations but Higher for Longer Looms
Bloomberg News Americas Finance Team Leader Sally Bakewell and Cheryl Pate, Senior Portfolio Manager at Angel Oak Capital, discuss bank earnings and outlook. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Entertainment Reporter Ashley Carman talk about Ashley's Busin ... Show More
33m 27s
Oct 2020
Direct lending rush
<p>The pandemic docked Carnival’s cruise ships and grounded Bombardier’s planes. But when the companies were in need of cash, one went to the bond market and the other to a direct lender. Robert Smith, FT capital market correspondent and Nikou Asgari, FT corporate finance reporte ... Show More
22m 9s
Sep 2025
EA Agrees to Largest Leveraged Buyout in History
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Electronic Arts’ agreement to be sold in a record-breaking leveraged buyout. Plus, Huawei plans to ramp up production of its most advanced AI chips in a bid to take market share from Nvidia. And Peloton is preparing to launch new AI ... Show More
44m 9s
Jul 2023
Wall Street Weighs the Next Big Risk
Bloomberg News Wall Street Reporter Sonali Basak talks about her interviews with Boaz Weinstein, Ida Liu and David Rubenstein about the next big risk for investors. Carvana CEO Ernie Garcia discusses restructuring debt and selling stock in a comeback attempt for the used-car reta ... Show More
47m 5s
Oct 2025
Markets rebound on upbeat earnings and easing credit concerns
Stocks bounce back on diminishing fears regarding US regional bank credit quality and positive earnings reports. Meanwhile, French assets lag on the back of waning investor confidence and company specific news in the banking sector, and the gold rally continues. Today, we are joi ... Show More
13m 36s
Aug 2021
September Return to Normal Proves Elusive
Bloomberg News National Security Team Leader Bill Faries and Katherine Zimmerman, Fellow at AEI, discuss news of suicide bombings outside Kabul airport in Afghanistan killing at least 13. Bloomberg News U.S. Economic Reporter Reade Pickert shares her Businessweek Magazine story o ... Show More
29m 23s
Oct 2025
Stocks Rally As China Trade Fears Diminish… And Bank Results Ready To Go 10/13/25
<p>Stocks bouncing back after Friday’s sharp sell-off. How President Trump mitigated investor fears over China Trade, and the sectors leading the charge in today’s rally. Plus Earnings season on deck, and big banks are kicking things off. What a top bank analyst sees in store for ... Show More
43m 43s
Jul 2022
Wall Street Traders Set for $27.8 Billion Haul
Bloomberg News Finance Reporter Shubham Saharan explains that the biggest U.S. banks are poised to report a double-digit increase in trading, the result of big market swings. Bloomberg Businessweek Editor Joel Weber and Businessweek Technology Editor Joshua Brustein share the det ... Show More
28m 33s
Sep 2021
Surviving Pay Phones Evoke U.S. Past
Bloomberg News Senior Editor for U.S. Health Care Drew Armstrong discusses how the fast-spreading delta variant has flooded hospitals across the South. Bloomberg City Lab Writer David Dudley shares his Businessweek Magazine story Surviving Pay Phones Evoke Lost U.S. Network of 2 ... Show More
36m 26s