One Year Ago In The Credit Markets

29 Jan 2010

Smurfit-Stone Container and lead banks JPMorgan and Deutsche Bank asked investors to buy the paper packaging company’s debtor-in-possession loan in a strip, as opposed to putting in for separate tranches.

Smurfit-Stone Container and lead banks JPMorgan and Deutsche Bank asked investors to buy the paper packaging company’s debtor-in-possession loan in a strip, as opposed to putting in for separate tranches. Market players suspected the move was to ensure a fully committed revolver, as banks were reluctant to lend ...

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