Another EQT buyout goes under the hammer

August 28, 2009

Banks will shortly conduct an auction to settle credit default-swaps on debt issued by SSP, the catering group owned by private equity group EQT. SSP recently failed to make a debt payment, according to derivatives trade body ISDA.

from Neil Unmack:

No B&B default? Oh yes it is

July 9, 2009

Has Bradford and Bingley, a bank under the control of the UK government, defaulted?