RLPC-EurotaxGlass secondary loan price slumps

Newswire

By Claire Ruckin LONDON, Nov 25 (Reuters) - Automotive data services firm EurotaxGlass Group's secondary loan prices have slumped to deeply distressed levels, which suggests that the company is moving towards a restructuring, several bankers said on Friday. Loans in the company, which is owned by private equity firm Arle Capital Partners' are attracting interest from investors in distressed assets. EurotaxGlass declined to comment. The low levels quoted suggest that the company's ...

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