Wed 10/20/2021 12:37 PM
Moby’s new restructuring proposal, which is part of a memorandum of understanding
signed with its ad hoc group of bondholders in September, envisages a 30% recovery for the portion of its unsecured debt that is not covered by the value of the company’s collateral, sources told Reorg.
To view the relevant documents linked as well as our EMEA Core Credit team's coverage of thousands of other stressed/distressed debt situations including our Moby restructuring proposal analysis, request...
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