Eurotunnel issues ultimatum over €6.2bn debt

Eurotunnel this morning said it had reached an agreement with Goldman Sachs, Macquarie and Barclays to reduce its debt burden to £2.9bn (€4.2bn). The channel tunnel operator said it would go bankrupt if shareholders refused to approve the deal.

"There is no alternative," according to Jacques Gounon, Eurotunnel's chief executive officer.

WSJ Logo
JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions