Morgan Stanley Traders Pitch Shorting Kronos Worldwide’s Bonds
Morgan Stanley’s credit trading desk is pitching a bet against bonds issued by Kronos Worldwide Inc, a titanium-dioxide manufacturer that was already struggling before the war in Iran sent energy...
By Edward Clark · Bloomberg Markets
Morgan Stanley’s credit trading desk is pitching a bet against bonds issued by Kronos Worldwide Inc, a titanium-dioxide manufacturer that was already struggling before the war in Iran sent energy costs soaring.