Marathon’s Richards Warns ‘No Way Out’ for Beaten-Down CCC Debt
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...
By Josie Reich · Bloomberg Markets
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.