Toshiba’s Nuclear Arm Sparks A Feeding Craze Among Bankruptcy Lenders

Westinghouse Electric Cos monetary distress sparked a feeding craze amongst Wall surface Road lending institutions keen to provide the nuclear programmer a lifeline while it restructures in insolvency, according to court papers and individuals familiar with the matter.Westinghouse, the nuclear arm of Japanese empire Toshiba (tosbf, +0.70%), submitted for Phase 11 personal bankruptcy security on […]