Daily Archives: 23rd May 2019

23rd May 2019

When the chips are down

Now’s not the time to overreact… If the reality of a (much needed) debt restructuring is going to take place in the Casino/Rallye complex, bondholders are going to take additional hits to already sharply written-down holdings. It should come as no surprise we’ve got to this point, though, as the clouds were darkening for a […]
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