I initially thought the same as you, that it was embarrassing for Oaktree that their facility breached so soon after inception, but then pikel pointed out that Oaktree are "loan to own" investors so they probably knew exactly what they were doing. He also pointed out that Oaktree are owned by Brookfield who would probably love to get their hands on the management rights to some of their funds.
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I initially thought the same as you, that it was embarrassing...
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