Blackstone’s Coleman Says Coal, Healthcare to Face Distress

Changes in energy, media and healthcare industries are causing increased levels of distress for companies in those sectors, according to Timothy Coleman, senior managing director and head of restructuring and reorganization at Blackstone Group LP.

“Energy appears to have had a fundamental shift due to many issues, including fracking,” which has increased pressure on coal companies, Coleman said in an interview that ran in Bloomberg’s Bankruptcy & Restructuring Brief.

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