First Brands Bankruptcy Drama: Apollo's Clever End-Around
Update: 2025-09-27
Description
Auto parts giant First Brands Group flirts with bankruptcy after a debt value crash, revealing a wild Wall Street showdown. See how Apollo Global Management outsmarted First Brands' blacklist with a sneaky bet against its loans, sparking outrage and exposing the risky world of corporate finance. Discover the high-stakes game of shorting company debt and the creative tactics being used as First Brands faces an uncertain future.
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