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Goldman Has ‘Serious Doubts’ First Brands Will Avoid Bankruptcy
Yahoo Finance· 2025-09-24 20:52
The Goldman Sachs headquarters in New York. Analysts on a Goldman Sachs Group Inc. trading desk have told clients they have “serious doubts” that the auto-parts supplier First Brands Group will be able to avoid bankruptcy. Most Read from Bloomberg In a note on Wednesday morning, the analysts expressed concern about First Brands’ financing arrangements, some of which carry interest rates north of 30%, according to a copy of the message seen by Bloomberg. The analysts wrote that their research was based on ...