Hedge funds battle over CDS of Coulson’s junk-rated Ardagh
Contentious restructuring has led to rare public fight between holders of derivatives designed to protect against default
Ardagh Group
Fund contests use of Ardagh bonds in CDS auction
Auction determines payout for buyers of the credit default swaps
The winners and losers of Irish business in 2025: Tariffs, turbulence and turmoil
Some figures in Irish business rode the waves of tariffs, but some crashed beneath the tide
Ardagh creditors-turned-owners tap turnaround veteran for chairman as Coulson exits
Ardagh’s senior secured bondholders have agreed to extend the terms of their bonds to 2030
Ardagh seen torching riskiest bonds through courts as consent route fails
Holders of Ardagh’s senior bonds have backed a major debt restructuring plan
Ardagh Metal raises profit forecast again as bondholders prepare to take charge
Paul Coulson is preparing to cede control of Ardagh Metal Packaging and its parent, Ardagh Group, in debt restructuring
Johnny Sexton joins private equity firm Exponent
Former Irish rugby captain to take role in addition to coaching
Paul Coulson: The high-wire financier who cut his teeth restructuring the Trinity Ball
Irish financier to leave business he built up
Paul Coulson to get €108m payment from Ardagh creditors to cede control of group
Debt restructuring will see senior unsecured bondholders and holders of high-risk PIK notes swap $4.2bn of debt for equity in Ardagh Group
Coulson nears $300m deal to walk away from debt-laden Ardagh
Debt restructuring talks with bondholders reach pivotal point
Meet Paul ‘the Cooler’ Coulson: One of the godfathers of leveraged finance
Coulson is negotiating hard with creditors of Ardagh on a payoff for shareholders in return for walking away from the highly-leveraged packaging giant
Irish mogul Paul Coulson insists on $300m to walk away from Ardagh
Paul Coulson in talks over restructuring packaging business saddled with $10bn of debt built up in era of cheap money
Paul Coulson faces last stand in battle to retain control of Ardagh
Bondholders have offered Coulson and other investors $250m to hand over total control of the empire
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