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

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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.

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