Distressed Creditors Play Nice; Telecoms in Focus
The Credit Edge by Bloomberg Intelligence
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The Defensive Nature of Telecoms
Aidan Cheslin, who covers telecoms and media for Bloomberg Intelligence based in London. Aidan: Where we're seeing some distress in telecoms is really more in the high yield space. We're starting to get closer to refinancing walls with names like Telecommutalia and LTS that are burning through cash.
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