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Sterling Biotech Defaults, Biggest Ever

From Bloomberg (HT Reader Atul Mittal on my original post): Sterling Biotech Ltd. (SLT), a gelatin maker based in Mumbai, didn’t pay $184 million of ...

Will Sterling Biotech Default on FCCBs Today?

Sterling Biotech is in serious trouble. With plunging revenues and a very high debt cost, they’re now also going to have to pay back $183M worth Foreign ...