Ardagh Group is expected to resort to the courts to force holders of its riskiest €1.8 billion of bonds to forfeit most of what they are owed, after it failed to secure enough support from this group of creditors to get a major debt restructuring deal over the line.
The international glass and metal containers group built by Irish businessman Paul Coulson confirmed on Tuesday that it has received sufficient backing from senior secured and unsecured bondholders for a deal that would re
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