Investors left clueless on EA Partners
Two Eurobonds issued by EA Partners were still stuck trading around 85-87 on Tuesday after Air Berlin announced its insolvency last week with investors leftwaiting for further announcements from the issuer.
EA Partners on Friday issued a statement to say it acknowledged that Air Berlin was entering into insolvency proceedings, but no further update has been given.
The fact that the bonds remain around the mid-80s on a cash basis shows that investors are unclear about how
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