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Business & Finance

Marathon’s Richards Warns ‘No Way Out’ for Beaten-Down CCC Debt

Bloomberg Markets Monday 26 October 2026, 17:51 UTC By Josie Reich 1 min read
Key Points

A big swath of the riskiest borrowers have few options other than defaulting on their piling debt as it’s getting increasingly expensive to refinance, CVC Marathon Chief Executive Officer Bruce Richards warned.

A big swath of the riskiest borrowers have few options other than defaulting on their piling debt as it’s getting increasingly expensive to refinance, CVC Marathon Chief Executive Officer Bruce Richards warned.
Marathon (ORG) Bruce Richards (PERSON)
Originally published by Bloomberg Markets Read original →

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