Business & Finance
Arini Gets Bids on Junk Debt From Pimco, Oaktree as Losses Mount
Key Points
Arini Gets Bids on Junk Debt From Pimco, Oaktree as Losses Mount Arini Capital Management, which has been beset with losses this month, has gotten bids on some of its high-yield debt holdings from asset managers including Pacific Investment Management Co. and Oaktree Capital Management, according to people familiar with the matter. London-based Arini, founded by Hamza Lemssouguer, has already sold some of its positions in large speculative-grade companies and dealers are holding talks with...
Arini Gets Bids on Junk Debt From Pimco, Oaktree as Losses Mount
Arini Capital Management, which has been beset with losses this month, has gotten bids on some of its high-yield debt holdings from asset managers including Pacific Investment Management Co. and Oaktree Capital Management, according to people familiar with the matter.
London-based Arini, founded by Hamza Lemssouguer, has already sold some of its positions in large speculative-grade companies and dealers are holding talks with prospective buyers about offloading more, some of the people said, asking not to be identified because the discussions are private.