US EditionPublished • loading... • Updated
Keep an Eye on This US Car Parts Supplier Bankruptcy
Summary by Bloomberg
4 Articles
4 Articles
The American car supplier has accumulated debt of at least 10 billion dollars. UBS funds had invested at First Brands with around 500 million. For Grossbank, insolvency comes at an untimely rate.
·Zürich, Switzerland
Read Full Article
The insurers are preparing for a wave of potential claims related to First Brands Group bankruptcy, while one of Wall Street's largest debacles on...
The bankruptcy of US auto supplier First Brands is making banks and credit insurers like Allianz and AIG nervous. First Brands is sitting on more than $11 billion in debt – loans were provided not only by banks but also by other investors in the private credit market.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
Factuality
To view factuality data please Upgrade to Premium
