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Emmet McNally
European senior distressed credit analyst at 9fin, providing expert analysis on distressed debt.
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Apr 1, 2025
• 19min
The Ardagh LME origin story
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Emmet McNally, a European senior distressed credit analyst at 9fin, shares insights on the tumultuous past of Ardagh's metal packaging carve-out in 2021. He and Max Frumes discuss its implications for creditor negotiations and the ensuing lawsuits over alleged value extraction. The duo delves into the complex dynamics between the company and its unsecured bondholders, exploring how to bridge the gap between competing proposals. Listeners get a peek into the intricate world of finance, navigating litigation and restructuring challenges in Ardagh's ambitious journey.
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