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Obbligazioni societarieHIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
L Brands Inc.LB, -23.49% stock sank 20.7% before it was halted on Wednesday after it confirmed that it received notice from Sycamore Partners that the private-equity firm plans to terminate the deal to purchase a 55% stake in Victoria's Secret for $525 million. The deal, which includes the lingerie business, Victoria's Secret Beauty and the Pink brand, was announced February 20. Sycamore Partners has filed a lawsuit in Delaware to call off the transaction, claiming that the measures taken by L Brands amid the COVID-19 outbreak, including not paying April rent, were a violation of the terms of the deal. "L Brands believes that Sycamore Partners' purported termination of the transaction agreement is invalid," the company said in a statement. "L Brands will vigorously defend the lawsuit and pursue all legal remedies to enforce its contractual rights, including the right of specific performance." L Brands stock has plunged 61.5% over the past year while the S&P 500 index SPX, 1.98% is down nearly 4% for the period.
Mi è arrivata una informativa dalla mia banca circa adesione a ristrutturazione debito SANCHEZ penso non vi siano altre alternative, peraltro era in inglese e non ci ho capito molto.