Ardagh Creditors Agree to Take Over Packaging Firm From Coulson
Summary by Bloomberg
8 Articles
8 Articles
Coulson strikes $300m deal to walk away from Ardagh - The Metal Packager
Irish billionaire Paul Coulson has struck a $300m deal that will see him walk away from Ardagh. Ardagh Group SA agreed a debt restricting deal that will see some of... The post Coulson strikes $300m deal to walk away from Ardagh appeared first on The Metal Packager.
The Irish-born group, built with leverage and external growth, will go under the full control of its junior creditors. Its debt will be reduced from $9 billion to $5.1 billion, a level that remains costly.
Coverage Details
Total News Sources8
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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