Menu

Marathon’s Richards Warns ‘No Way Out’ for Beaten-Down CCC Debt

Bloomberg Markets·Josie Reich·about 20 hours ago
#KX3mDdBC
#bloomberg#business#swath#riskiest#borrowers
Reading 0:00
15s threshold

A big swath of the riskiest borrowers have few options other than defaulting on their piling debt as it’s getting increasingly expensive to refinance, CVC Marathon Chief Executive Officer Bruce Richards warned.

Anonymous readers can preview up to 1024 characters here. Log in to unlock the full article once ingest succeeds.