Wirecard is set to miss the very first payment on $561 million worth of debt and join the notorious \'no coupon\' club

Wirecard is set to miss the very first payment on $561 million worth of debt and join the notorious 'no coupon' club

Business Insider Wednesday, 1 July 2020 ()
Wirecard is set to miss the very first payment on $561 million worth of debt and join the notorious 'no coupon' club· German fintech Wirecard is set to miss the first payment on $561 million worth of bonds issued last year, the Financial Times reported.
· The FT said Wirecard risks entering the infamous unofficial "no coupon at all club."
· Wirecard is due to make an interest payment of 0.5% on the bond in September. 
· Wirecard filed...
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