Ukraine Bond Rally Fades on Peace Progress Concerns
Investors are wary of how long it will take Russia to accept any ceasefire deal and how reconstruction of infrastructure will be financed
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Welcome to The Brink. I’m Edward Clark, reporting from London, where I looked at a fading rally in Ukraine’s sovereign debt. But first, Reshmi Basu has the latest on Saks, which could file for bankruptcy as soon as Sunday. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
Saks Global Enterprises, the cash-strapped luxury retailer, is planning to file for Chapter 11 bankruptcy protection as soon as Sunday, Reshmi Basu reports.