RPT-Market flop: Cineworld deal exposes stress in Europe’s credit market
The move by banks to force
Cineworld’s top shareholder to refinance a loan without
equity collateral is yet another sign of mounting stress in
Europe’s junk debt market as the coronavirus roils markets and
businesses around the world.
Cineworld’s top shareholder to refinance a loan without
equity collateral is yet another sign of mounting stress in
Europe’s junk debt market as the coronavirus roils markets and
businesses around the world.
Posted by Reuters