Fri 09/16/2022 12:00 PM
U.K. used car seller Constellation Automotive Group’s debt has come under pressure after the company published disappointing results on Wednesday. The company’s euro term loan B has declined about 9 points from Sept. 14 to around 83 today. The company’s 4.875% 2027 notes have fallen about 6 points from Sept. 14 to around 72.7, according to Solve Advisors.
Revenue for the 13 weeks to July 3 (the company’s first quarter of fiscal 2023) was 13.5% lower year over year at £1.66...
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