Special Situations US Picks and Pans

Special Situations: US Picks & Pans - Oct 2025

Peter Sakon, CFA - Senior Analyst, Special Situations
Jory M. Eisenberg, CFA, FRM - Senior Analyst, Special Situations, ÂÒÂ׶ÌÊÓƵ
Joshua Kramer - Senior Analyst, Special Situations, ÂÒÂ׶ÌÊÓƵ
Nick Williams - Senior Analyst, Special Situations, ÂÒÂ׶ÌÊÓƵ
Hunter Martin, CFA - Head of Media/Cable, ÂÒÂ׶ÌÊÓƵ
Davis Hebert, CFA - Co-Head HY Research, Head of Telecom/Media, ÂÒÂ׶ÌÊÓƵ
Ben Morgan, CFA - Senior Analyst, Energy, ÂÒÂ׶ÌÊÓƵ
James Goldstein, CFA - Head of Retail, ÂÒÂ׶ÌÊÓƵ
Andy Li, CFA - Senior Analyst, Technology, ÂÒÂ׶ÌÊÓƵ
Ahsan Shaikh - Analyst, ÂÒÂ׶ÌÊÓƵ
Nick Moglia, CFA - Senior Analyst, REITs, Utilities and Refiners, ÂÒÂ׶ÌÊÓƵ
Savannah Buzzeo - Analyst, Telecom / Media, ÂÒÂ׶ÌÊÓƵ
Matt Woodruff, CFA - Head of Aerospace & Defense / Transports, ÂÒÂ׶ÌÊÓƵ
Brian McKenna - Analyst, Telecom & Media/Cable, ÂÒÂ׶ÌÊÓƵ
Todd Duvick, CFA - Head of Autos, ÂÒÂ׶ÌÊÓƵ
Will Lee - Analyst, Autos, ÂÒÂ׶ÌÊÓƵ

27 October 2025

Download the Full Report to Gain:

Insights into Special Situations US Picks and Pans, including:

  • ÌýTop ‘Picks’ Across High-Yield Sectors: Explore leading opportunities in entertainment, media, oil & gas, internet, retail, and office equipment with our report.
  • Underperformers and ‘Pans’ to Avoid: Identify high-risk credits in healthcare, commercial services, REITs, and transportation that may face near-term headwinds.
  • Relative Value Insights: Gain actionable comparisons on yield, net leverage, and credit ratings for top picks.
  • Capital Structure and Liquidity Analysis: Review detailed company-level debt profiles, leverage multiples, and liquidity positions supporting each recommendation.
  • Actionable Recommendations: Leverage our key phrase to understand which bonds and loans offer compelling yields and structural advantages in today’s market.

Executive Summary

  • Our analyst team highlights 11 US Special Situations credits loans under coverage which we think the bonds and/or loans offer attractive risk adjusted returns (picks) and those which are unattractive (pans).

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