Oaktree Capital Management has launched a public offering aimed at selling its remaining stake in Torm, the product tanker owner that it once controlled.

TORM (TRMD) has announced the commencement of an underwritten secondary public offering of 6.33M Class A common shares. The shares are being offered by OCM Njord Holdings S.à r.l. (the "Selling ...

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Four years after taking some of the biggest hits during a global pandemic, the hospitality sector is primed for a new infusion of rescue capital and bridge debt. Earlier this year, Avana Companies, a ...

The US has a complete lack of fiscal discipline, and efforts to push down long-term borrowing costs are unlikely to work unless the government addresses the country’s mounting deficit, according to ...

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When billionaire Mat Ishbia’s mortgage company was facing significant losses on soured hedges earlier this year, he called old friends at Oaktree for help.