Month: March 2020

Breakingviews TV: Discount bond

The embattled restaurant industry has developed a new way to generate crisis-era revenue: dining bonds. In theory, buyers get a nice short-term return – but only if the restaurant doesn’t go bust. These discounted gift certificates are not nearly enoug…

Breakingviews TV: Discount bond

The embattled restaurant industry has developed a new way to generate crisis-era revenue: dining bonds. In theory, buyers get a nice short-term return – but only if the restaurant doesn’t go bust. These discounted gift certificates are not nearly enoug…