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by disgruntledphd2 1362 days ago
Yeah and basically nobody wanted it, which implies that things are gonna get worse.
1 comments

Or that Citrix was overextending itself.
Yeah, sure. That being said, the fact that there haven't been any other deals like this this year is a suggestion that the market for them has changed, mostly independently of the company involved.
its not just Citrix but corporate bond liquidity was highlighted in 2019 then the pandemic happened and everybody just glossed over it. now the pace of liquidity crunch across all corporate bonds is picking up as rates pick up.