The two funds, which together hold more than 30% of Ardagh’s sterling-denominated unsecured notes due in 2027, claim the metals arm is the most valuable asset owned by the company The Paul ...
Two hedge funds have sued Ardagh Group and its controlling shareholder, Paul Coulson, alleging that a restructuring plan for the company’s debt would amount to fraud, designed to “siphon value ...
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Hedge funds Arini and Canyon Partners LLC filed a lawsuit in New York against Ardagh Group and its billionaire owner Paul Coulson over a restructuring plan they allege siphons value away from ...
Nicknamed ‘The Cooler’, the 71-year-old will still retain an interest in part of Ardagh’s business Ardagh Group chief executive Paul Coulson Paul Coulson’s packaging giant, Ardagh ...
The agreement between creditors and Paul Coulson will see unsecured bondholders take over 100 per cent of the equity in Ardagh Group. Ardagh Group is in talks with creditors for a debt restructuring ...
Ardagh Group is in talks with its creditors for a debt restructuring deal that would see Irish billionaire Paul Coulson lose control of part of the business. Under the plan, a group of unsecured ...
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