What will happen with prices in the next couple years?Pearlstone Alternative CEO: We are entering a

Nov 17, 2022
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What will happen with prices in the next couple years?

Pearlstone Alternative CEO: We are entering a new and prolonged pricing cycle - YouTube

Defaults is one of the most trailing things to look at. - Ivelina Green, founder & CEO at Pearlstone Alternative

Owners of companies will do anything before handing over keys to lenders. Rescue financing, support from sponsors, first.

Usually in the past, companies with poor balance sheets, low in cash, cyclical, but this time they haven't really been sold off because there's so little liquidity people know that if they try to sell some of those credits they'll simply push down prices 30 or 40 points and still won't be able to sell risk. So instead people are selling winners.

Exciting for distressed investors (who look at prices based on a 3 or 4 year timeframe), who can buy non-distressed assets at distressed prices.
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<div>What will happen with prices in the next couple years?<br></div><div><br></div><div><a target="_blank" href="https://www.youtube.com/watch?v=NjMgMVYklDM">Pearlstone Alternative CEO: We are entering a new and prolonged pricing cycle - YouTube</a></div><div><br> </div><div> </div><div>Defaults is one of the most trailing things to look at. - Ivelina Green, founder & CEO at Pearlstone Alternative</div><div><br></div><div>Owners of companies will do anything before handing over keys to lenders. Rescue financing, support from sponsors, first. <br></div><div> <br></div><div>Usually in the past, companies with poor balance sheets, low in cash, cyclical, but this time they haven't really been sold off because there's so little liquidity people know that if they try to sell some of those credits they'll simply push down prices 30 or 40 points and still won't be able to sell risk. So instead people are selling winners. <br></div><div> </div><div><br></div><div>Exciting for distressed investors (who look at prices based on a 3 or 4 year timeframe), who can buy non-distressed assets at distressed prices. <br></div>
What will happen with prices in the next couple years?

Pearlstone Alternative CEO: We are entering a new and prolonged pricing cycle - YouTube

Defaults is one of the most trailing things to look at. - Ivelina Green, founder & CEO at Pearlstone Alternative

Owners of companies will do anything before handing over keys to lenders. Rescue financing, support from sponsors, first.

Usually in the past, companies with poor balance sheets, low in cash, cyclical, but this time they haven't really been sold off because there's so little liquidity people know that if they try to sell some of those credits they'll simply push down prices 30 or 40 points and still won't be able to sell risk. So instead people are selling winners.

Exciting for distressed investors (who look at prices based on a 3 or 4 year timeframe), who can buy non-distressed assets at distressed prices.

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