Breakingviews - Cazoo ' s debt fix points to bumpy ride

Used-car salesmen can make good money from polishing up bangers. That’s not the fate of shareholders in UK-based and U.S.-listed Cazoo (CZOO.N), which has just announced a brutal debt restructuring. Under the deal announced on Wednesday, bondholders will swap $630 million of convertible notes for…#uslistedcazoo #cazoo #spac #aimeedonnellan #berniesanderss
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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