President Tony James says the private equity firm has an eye on debt that has been oversold in the market.
August 13 - CNNMoney.com - The debt markets may be creating trouble for some leveraged buyout deals, but private equity titan Blackstone is sniffing out opportunities.
The private equity firm is keeping an eye on the debt of buyout deals that have come under financing pressure, Blackstone President and Chief Operating Officer Tony James said Monday.
"We're starting to look directly at debt securities that are trading at distressed levels" but which aren't distressed at all, he told analysts. Read More.
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