Welcome to The Brink. It’s Giulia Morpurgo in London and Libby Cherry in Frankfurt, where we’re tracking creditor struggles to get repaid in liability management deals. We also have updates on Dish, Krakatau and ICG. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net or DM on X to @gmorpurgo.
Time Is Money for Creditors Seeking Restructuring Win
In a restructuring market now alert to the dangers of wily debtors, creditors are looking for whatever advantage they can get — including time.
Formal debt restructurings usually treat holders of the same type of debt equally. But a recent shift to out-of-court ...
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