China Fishery’s Bankruptcy Bid Deepens Bond Pain on Peru Concern

Updated on
  • Notes have lost over 16% since U.S. bankruptcy filing June 30
  • Sale of all, part of Peru fishmeal business possible: parent

Bondholders are suffering as a fishmeal supplier’s bankruptcy filing flags doubts among lenders that it will extract enough value from its assets in Peru to repay creditors.

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