3 ms·
So I wonder how much was that the PE didn't feel like they were getting a large enough coupon (2017-19 rates) and wanted a quicker bankruptcy to redeploy their
by kurthr 3y ago
So I wonder how much was that the PE didn't feel like they were getting a large enough coupon (2017-19 rates) and wanted a quicker bankruptcy to redeploy their efforts? A rational corp would have refinanced the debt at 2021 rates.
https://www.prnewswire.com/news-releases/instant-brands-to-merge-with-cornell-capitals-corelle-brands-300805735.html https://www.prnewswire.com/news-releases/instant-brands-to-m...