Citi Traders Pitch Shorting French Shipping Giant CMA CGM Bonds

🇫🇷 Bloomberg (FR) —

AI Summary

Citigroup's credit traders and analysts have advised hedge fund clients to short bonds issued by CMA CGM Group, a major French shipping company. The recommendation reflects concerns about the shipping sector's credit risk and bond performance.

Citigroup’s credit traders and analysts are recommending their hedge fund clients short bonds issued by French shipping giant CMA CGM Group, according to people familiar with the matter.

Markets Deals Shipping Citigroup CMA CGM Group bond shorting shipping bonds hedge funds credit risk

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