by bondevalue | May 5, 2021 | High Yield Bonds
Marble II’s planned sale of most/all of its stake in Indian IT company Mphasis will lead to full redemption of its $500mn 5.3% 2022s according to Fitch. The rating agency expects Marble II to receive $1.7bn-2bn from the stake sale to Blackstone PE funds. Marble II’s...