Not Quite the Time to Buy, More Downside to Come: Victor Khosla [Video]

Via Yahoo Finance

Mar.10 — The coronavirus scare has slammed some of the most vulnerable junk-rated companies, amid concern they’ll be cut off from cash as sales wane and credit markets tighten in a weaker economy. This could be a boon for distressed-debt funds. On “Bloomberg Money Undercover”, Bloomberg’s Lisa Abramowicz talks with Victor Khosla, founder of SVPGlobal, which focuses on distressed debt and private equity investments and holds $8.4 billion in assets under management.

READ ALSO  ECB to chart steady course even as the outlook dulls