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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 Richards warned.

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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