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Finance & Markets

Air Baltic Bonds Slump After Airline’s Debt-for-Equity Swap Plan

Bonds issued by Air Baltic Corp slumped further into deeply distressed levels after the ailing Latvian airline announced plans to swap much of its debt for equity as part of a restructuring plan.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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