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[–] derram ago
https://archive.fo/CdsuH | https://files.catbox.moe/ux3j48.png :
'Bond investors are playing a tricky game with lower-rated U.S. retailers, and they appear to be losing. '
'Toys "R" Us, for example, has been in a fragile financial state for years, but it appears to have taken a turn for the worse. '
'Despite the fact that Toys "R" Us hasn't had what could be considered a long-term viable business model for several years, the move seemed to catch some bond investors by surprise. '
'Bon-Ton, meanwhile, has been losing money for years and reportedly just hired PJT Partners to help it grapple with its more than $900 million of debt. '
'That's what's happening now for store owners such as Toys "R" Us Inc. and Bon-Ton Stores Inc., which both hired advisers to help them restructure their debt, according to reports this week. '
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