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Distressed Diaries — Cerba creditors' patience gets tested

Cloud 9fin

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Navigating Debt Challenges: A Call for Strategic Reduction

This chapter examines a company's financial struggles with its current debt, highlighting the urgent need for reduction from $4.8 billion to a more manageable $2.7 billion. It stresses the importance of aligning debt levels with industry standards to achieve long-term sustainability.

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