Why Canyon’s Friedman Draws Red Lines in Credit Market

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  • Bloomberg Markets and Finance published this video item, entitled “Why Canyon’s Friedman Draws Red Lines in Credit Market” – below is their description.

    Jun.02 — “We’re not a do-anything-to-anybody shop,” says Josh Friedman, the co-founder and co-CEO of Canyon Partners. In this interview excerpt, he explains why Canyon rejects the ultra-aggressive tactics now common in stressed and distressed debt markets. He also discusses where pockets of distress are forming in the post-pandemic economy. Friedman spoke exclusively to Erik Schatzker on Bloomberg’s “Front Row.”

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