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Ep 89 ft. Mitu & Mark

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Manage episode 346986021 series 2911580
Content provided by Clauses & Controversies, Mitu Gulati, and Mark Weidemaier. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Clauses & Controversies, Mitu Gulati, and Mark Weidemaier or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Pakistan’s Bizarro 2024 Bond Pakistan is in crisis and its bonds are in the toilet. One of its bond series though, the 2024, is not like the others. It has one of the highest CAC vote thresholds we’ve seen anywhere in the modern era. But that’s not it; best we can tell, the process by which votes are counted appears to be some weird historical holdover. How? Why? What? In this episode, we try to suss out the implications of the weirdness in the bond. Our guess: This is going to be a nightmare to restructure. Producer: Leanna Doty
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136 episodes

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Ep 89 ft. Mitu & Mark

Clauses & Controversies

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Manage episode 346986021 series 2911580
Content provided by Clauses & Controversies, Mitu Gulati, and Mark Weidemaier. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Clauses & Controversies, Mitu Gulati, and Mark Weidemaier or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Pakistan’s Bizarro 2024 Bond Pakistan is in crisis and its bonds are in the toilet. One of its bond series though, the 2024, is not like the others. It has one of the highest CAC vote thresholds we’ve seen anywhere in the modern era. But that’s not it; best we can tell, the process by which votes are counted appears to be some weird historical holdover. How? Why? What? In this episode, we try to suss out the implications of the weirdness in the bond. Our guess: This is going to be a nightmare to restructure. Producer: Leanna Doty
  continue reading

136 episodes

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