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The challenge with Asurion has always been the staggering in frequency and size of dividends the sponsors have extracted over the years, longer-term holders may be less myopically dividend focused, which could allow the credit to delever.
Found on Reuters 6 years ago
Unquestionably the biggest threat facing all businesses—whether they are high-yield issuers or not—is technology, the Uber/Facebook/Amazons of the world are quickening the pace of change in our economy, threatening the core of countless businesses. Given the pace of technological change, the trend will inevitably result in more fallen angels versus rising stars over time.
Found on Reuters 6 years ago
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