Struggling Petroplus’s bonds plunge as lenders freeze RCF
Bonds of Swiss refiner and petroleum product wholesaler Petroplus have slumped this week, as the company announced that banks had frozen its $1bn of uncommitted lines under a revolving credit facility. That caused a temporary economic shutdowns of several of Petroplus’s refineries.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts