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|Rob Jones<ref>https://www.bloomberg.com/news/articles/2023-03-28/landlord-aroundtown-at-new-low-as-exane-cuts-stock-target-to-1</ref> | |Rob Jones<ref name=":0">https://www.bloomberg.com/news/articles/2023-03-28/landlord-aroundtown-at-new-low-as-exane-cuts-stock-target-to-1</ref> | ||
|BNP Paribas Exane | |BNP Paribas Exane | ||
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|S&P Global Market Intelligence<ref name=":0" /> | |||
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* Its shares have seen a rise in bearish “short” positions. As of March 24, 19% of its shares were out on loans, indicating short interest. | |||
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|Bloomberg<ref name=":0" /> | |||
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* Its subordinated bonds are deeply distressed(under 50% of face value). | |||
* It skipped early redemption of its bonds late last year citing high refinancing costs and even said that it will consider deferring coupon payments. | |||
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