JPMorgan Pitches Solution to Creditor on Creditor Violence
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Welcome to The Brink. I’m Reshmi Basu, a reporter in New York, where I’ve been covering the beginning of a pushback against creditor on creditor violence. We also have the latest on the crumbling junk bond maturity wall and Red Lobster. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
When R.R. Donnelley came to the bond market in recent weeks to fund a buyout, market participants fatigued by a slew of creditor on creditor violence decided to send a message: No more funny business.