EA bonds nosedive after Air Berlin tumult

摘要

Bonds issued by an Etihad Airways-related special purpose vehicle sank more than six points after air berlin filed for insolvency on Tuesday. ea partners saw its 2020 and 2021 bonds fall to a mid-80s bid price from the low 90s, according to Tradeweb, after the German airline, in which Etihad is a key shareholder, sought bankruptcy protection following years of losses.