Q: Hi guys,
With the decline in energy prices, a number of business analysts and commentators are highlighting an opportunity of a lifetime in purchasing debt of mid cap energy companies in the near future. Can you explain how a retail investors would get exposure to this? Are they referring to new debt issues that will come from these companies given the stress that they may be under or existing debt that needs to be restructured? I assume the difficult part will be determining which companies will survive and which will fail.
Thanks,
Jason
With the decline in energy prices, a number of business analysts and commentators are highlighting an opportunity of a lifetime in purchasing debt of mid cap energy companies in the near future. Can you explain how a retail investors would get exposure to this? Are they referring to new debt issues that will come from these companies given the stress that they may be under or existing debt that needs to be restructured? I assume the difficult part will be determining which companies will survive and which will fail.
Thanks,
Jason