Reno de Medici Bondholders Pick Lawyer Amid Cash Burn, Bond Drop
NegativeFinancial Markets

Bondholders of Reno de Medici SpA, an Italian packaging firm, have chosen a legal adviser as the company faces significant cash burn and a drop in bond value. This situation highlights the financial struggles of the firm, which is owned by Apollo Global Management Inc., and raises concerns about its future stability and the potential impact on investors.
— Curated by the World Pulse Now AI Editorial System