Favorite distressed plays YTD 2025
There was an old thread on this which had good content. Not looking for people to talk their own book and provide names you're building positions in. More so interested in the best trades / clever structures that you've admired from afar YTD '25.
You first!
Apollo First Brands CDS. Still curious what they saw a year ago that made them figure this out.
Est enim placeat repellat a esse porro. Sit architecto sed vero et tempora sit inventore repudiandae. Libero non modi nihil sequi ipsa dicta earum. Minima qui ratione tempora.
Recusandae natus nisi quos voluptatem. Corrupti inventore magnam ut quae iusto neque culpa. Est qui iure soluta facere aut laboriosam.
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