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.
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.
The deal may be more or less credit neutral for most of the players and a slight credit positive for the industry.
There are some increased risks for independent institutional brokers that are, in a sense, left behind and not picked up by a larger organization with larger capital.
© 2020 Inspirational Stories
© 2020 Inspirational Stories