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Coinbase debtholders sweat as bonds trade near 50 cents on the dollar

13 pointsby spkingover 2 years ago

1 comment

bragrover 2 years ago
&gt;The firm currently has a Ba3 rating on the corporate family, which is three notches below investment grade. It has a Ba2 rating on the bonds, one notch higher.<p>That&#x27;s not a good rating but does debt in that range usually trade for 50% face value?
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