Distressed-Debt Deals Said to Reach $84.4 Billion – DealBook Blog …

Posted on August 11, 2009 by

The total value of distressed- debt deals, where creditors use their debt positions to take ownership of troubled companies, has touched $84.4 billion this year, The Wall Street Journal said, at a pace close to double that of 2008.

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Distressed-Debt Deals Said to Reach $84.4 Billion – DealBook Blog …