When ESG concerns cause Reeperbahn Landesbank to sell his $750 million credit facility to Loan-Own-Capital, a New York distressed fund, Norwegian shipping magnate Coco Jacobsen is forced to make a tough decision: put in another $100 million to defend his fossil fuel dependent company -- or toss the keys to the hedge fund and disappear on his yacht.
But when Coco learns that one of his lenders is a Sopranos-style money laundering operation that doesn't take kindly to losing money, he enlists.
Decision | Put in another 100 million to defend his fossil fuel dependent company or toss the keys to the hedge fund and disappear on his yacht |
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