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Jim Ratcliffe’s Chemicals Bonds Are Provoking a Bad Market Reaction
Summary by Bloomberg
1 Articles
1 Articles
Jim Ratcliffe’s Chemicals Bonds Are Provoking a Bad Market Reaction
An eye for unloved commodity chemicals assets and an unquenchable thirst for debt helped the British founder of Ineos Ltd., Jim Ratcliffe, acquire a $15 billion fortune and a stable of high-profile consumer and sporting ventures. Now a prolonged petrochemicals downturn has caused the group’s bonds and loans to hit the skids and its leverage to skyrocket.
·United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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