Afren’s insolvency: Bondholders could recover 6% of their principal —Rencap

23 August 2015, Lagos – Renaissance Capital, Rencap has disclosed that Afren Plc has been placed in administration, predicting that bondholders could recover 6 per cent of their principal if the company ceases to exist. According to Rencap Research “We see little likelihood that Afren can continue as a going concern. We therefore terminate coverage […] More »