Wed 03/29/2023 08:37 AM
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Wm Morrison has seen its €545 million and £1.075 billion 2027 senior secured notes trade down to the mid 70s, with a yield between 11.4% and 12.7%, compared with mid 80s as of June 2022, on the back of recent operational difficulties, underwhelming earnings and a loss of market share. Though the U.K. supermarket chain could see...
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