The Credit Edge by Bloomberg Intelligence cover image

Distressed Creditors Play Nice; Telecoms in Focus

The Credit Edge by Bloomberg Intelligence

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The Lessons Learned From the Credit Markets

Aaron Carroll: Interest costs for that company, they shot out there at $180 million or something. You know, is that now under control, just the interest expense? Some of the interest payments were deferred. So I don't think that's the same pain point as it was previously. There has been some relief there. And you mentioned that they do have potential access to raise more debt. But maybe in hindsight, we will look back in a few years and think of this as more of a band aid solution.

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