Weary Punch bondholders hit by ratings
Punch Taverns’ bondholders had only just finished celebrating the culmination of the pub group’s seemingly endless securitization restructuring saga, when late last week Fitch and Standard & Poor’s delivered another blow by assigning much lower ratings than Moody’s to several tranches.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: