Bonds issued by Air Baltic Corp slumped further into deeply distressed levels after the ailing Latvian airline announced plans to swap much of its debt for equity as part of a restructuring plan.
Finance
Air Baltic Bonds Slump After Airline’s Debt-for-Equity Swap Plan
Bonds issued by Air Baltic Corp slumped further into deeply distressed levels after the ailing Latvian airline announced plans to swap much of its debt for equity as part of a restructuring plan.
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