Agrokor’s bonds now ‘distressed’ as hidden debt rumours blight firm

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Agrokor’s bonds now ‘distressed’ as hidden debt rumours blight firm

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Croatian retailer Agrokor’s debt hit distressed territory this week after rumours of hidden debt and a Moody’s downgrade spooked the buy-side. Clarity is unlikely until a forensic audit of the issuer is completed, say experts.

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