Office Debt Is Blowing Up; Budweiser Loses Crown

Office landlords are falling behind on debt payments at the fastest rate in five years as tenants flee, says Scott Carpenter, who covers structured finance for Bloomberg News. Working from home slashed demand for office space, just as surging interest rates boost costs, spelling trouble for lenders. In this episode of the Credit Edge Podcast, Bloomberg News senior editor James Crombie also examines the impact of US culture wars on consumer companies with Bloomberg Intelligence analyst Louise Parker. Anheuser-Busch InBev’s recent collaboration with a transgender influencer slammed Bud Light sales, whacked its stock and may also dent the company’s bonds.See omnystudio.com/listener for privacy information.