Credit Investors Eye Middle East Distress Deals in Wake of Iran War
Buyers who focus on the US and Europe have become curious about the risky region
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Welcome to The Brink . I’m Edward Clark , a reporter in London, where I’ve been looking into a wave of interest in distressed credit from Middle Eastern companies. We also have news on Venezuelan sanctions, Dolce & Gabbana and a struggling firm backed by Centerbridge. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net .
Specialist credit investors are circling opportunities in the Middle East after the war in Iran has upended lending markets, potentially creating an opening for fund managers willing to step into a region where geopolitical risk is in the foreground.