Why would there be any buyers lining up to hand over their money to Oaktree? This was always a distressed loan-to-own scenario despite the attempts to portray this deal as a 'partnership'. In saying that, it is genuinely staggering how quickly they have managed to find themselves in this position.
Blue Sky incompetence continues to know no bounds!
BLA Price at posting:
65.0¢ Sentiment: Sell Disclosure: Not Held