Centerbridge’s Hard-Ball Strategy May Serve as Playbook
April 14th, 2016
Our client Vicki Bryan quoted in this story - More bondholders may follow Centerbridge’s lead, analysts at Gimme Credit wrote Wednesday. Doing so requires at least 25% of the bonds in any single issue. “With the company’s credibility in shambles investors are understandably wary of anything it promises these days and we wouldn’t be surprised if other bondholders followed suit,” the credit-research shop wrote in a note Wednesday. http://on.wsj.com/1SOavPc