Jake Newman
Jake Newman
binary facing ink legal outcome traders
It's a pretty binary outcome that traders are facing on this one and there will be a lot of legal ink spilled over it.
among appears breach company covenant investors myriad questions raised rather small special technical
The company disclosed one technical covenant breach that appears so small that it raised myriad questions among investors as to why the special dividend was canceled rather than just postponed.
credit deal less neutral players positive slight
The deal may be more or less credit neutral for most of the players and a slight credit positive for the industry.