Forex firm Travelex to default on coupon payment
Currency service provider Travelex
said on Wednesday it would default on a 14.4 million
euro ($15.6 million) coupon payment on some of its senior notes
as it grapples with a hit to earnings amid the coronavirus
crisis.
said on Wednesday it would default on a 14.4 million
euro ($15.6 million) coupon payment on some of its senior notes
as it grapples with a hit to earnings amid the coronavirus
crisis.
Posted by Reuters
