AppLovin’s Strategic Expansion Beyond Mobile Gaming Fuels Deutsche Bank’s Bullish Outlook
Deutsche Bank’s Strong Endorsement In a significant vote of confidence for the mobile advertising sector, Deutsche Bank has initiated coverage…
Tag: Deutsche Bank
Deutsche Bank Challenges Ardagh’s $10 Billion Debt Restructuring Plan
Deutsche Bank and activist hedge fund Carronade Capital are reportedly attempting to block Ardagh Group’s $10 billion restructuring agreement. The dissenting bondholders argue the deal disadvantages holders of payment-in-kind bonds while providing substantial payouts to shareholders.
Major Creditors Challenge Packaging Giant’s Restructuring
Deutsche Bank and activist hedge fund Carronade Capital are reportedly attempting to block a $10 billion restructuring deal between Irish billionaire Paul Coulson and the majority of Ardagh Group’s bondholders, according to financial industry sources. The Luxembourg-based packaging giant, one of the world’s largest producers of glass and metal drinks containers, announced the comprehensive restructuring agreement in July following extended negotiations with creditors.