Investors left clueless on EA Partners but Etihad or related entity support expected
Two Eurobonds issued by EA Partners were still stuck trading around 85-87 this week after Air Berlin's insolvency, announced last week, with investors left waiting for more information from the issuer.
EA Partners last Friday issued a statement to say it acknowledged that Air Berlin was entering into insolvency proceedings, but it has provided no further update.The fact that the bonds remain around the mid-80s on a cash basis showed that investors were unclear about how EA Partners will ...
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