Arini Gets Bids on Junk Debt From Pimco, Oaktree as Losses Mount

Arini Capital Management, beset by losses this month, has received bids on some of its high-yield debt holdings from asset managers including Pacific Investment Management Co. and Oaktree Capital Management, according to people familiar with the matter. The bids come as Arini faces mounting losses, and the interest from major investors suggests potential opportunities in distressed debt markets.