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The Maltese Herald

Tag: bond holders

  • No crying in the (rent-seeking) casino

    No crying in the (rent-seeking) casino

    —

    by

    Mark Camilleri
    in ,

    Apparently, some self-declared local financial experts are calling the press to spread panic over the fact that MIDI’s bond-holders may end up with nothing as the company fails to meet its financing requirements and has no capability of repaying its debts and creditors. A Maltese bank that was to finance MIDI’s project at Manoel Island…