Higher-for-longer interest rates means over-leveraged companies are running out of ways to repay their borrowings ahead of a looming maturity wall, according to Brook Hinchman, a managing director at Oaktree Capital Management LP.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-11/oaktree-sees-distressed-opportunities-as-kick-the-can-era-ends)