Arini Contests Use of Ardagh’s Unsecured Bonds in CDS Auction
Arini Capital Management is fighting the inclusion of senior unsecured bonds belonging to Irish packaging firm Ardagh in a credit-default swap auction, a process which determines the payout for buyers...
By Libby Cherry, Giulia Morpurgo · Bloomberg Markets
Arini Capital Management is fighting the inclusion of senior unsecured bonds belonging to Irish packaging firm Ardagh in a credit-default swap auction, a process which determines the payout for buyers of the default protection.