GoldenTree Asset Management founder Steven Tananbaum says widening divergences between credit and equity valuations in sectors such as telecom and software are creating selective opportunities for distressed and value-oriented investors, according to a report by Bloomberg.
Speaking at the Bloomberg Global Credit Forum in New York, Tananbaum pointed to companies including Comcast, Charter Communications and Cable One, noting that weaker equity performance in parts of the sector contrasts with com...
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