Friday Workout — The A-list; Snowden Slams Short Schedule
- Chris Haffenden
It was a week where the Magnificent Seven failed to ride again. Rising 10-year US Treasury yields were killed by Bill — but are now out of the grave, in the sequel. Will we see five frights on our big screens?
Aside from several tech giants after-closing night flops, there were several rotten tomatoes awards handed out by European investors this week. Worldline, was the standout, the payments businesses seeing its shares fall 60%, its bonds down three-points (with peer Nexi Payments falling a similar amount), and Saipem falling almost 10% after Q3 23 releases.
But this week, for 9fin’s European distressed and restructuring team, it was all about the A-list.