Oaktree to access China NPLs via Cinda deal
Distressed specialist Oaktree will gain unprecedented access to China's non-performing loan sector through a partnership with Cinda, the mainland's biggest bad bank.
Oaktree Capital Group has struck a joint venture with China Cinda Asset Management, marking a significant overseas entry into the mainland’s non-performing loan (NPL) market, which foreign firms have been keen to access.
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