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Forex firm Travelex to default on coupon payment

Currency service provider Travelex [TFPI.UL] said on Wednesday it would default on a 14.4 million euro ($15.6 million) coupon payment on some of its senior notes as it grapples with a hit to earnings amid the coronavirus crisis.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300