When 31% payback is a thing of beauty for bondholders – BloombergQuint
When 31% payback is a thing of beauty for bondholders – BloombergQuint
On the flip side, should the conglomerate go into bankruptcy proceedings, the restructuring process would likely favor tickets due next year and beyond. This is because they are guaranteed. The 2020 obligation only includes a keepwell clause, essentially a gentlemen’s agreement, from Tsinghua Holdings, the wholly-owned subsidiary of the university that controls Unigroup. Earlier this […]
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