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Assume GE ventilator has $600 million hospital loans and issued $300 million of GEV2020 corporate bond and $300 million VT-SPE-2020 ABS bond. Before the maturity,
Assume GE ventilator has $600 million hospital loans and issued $300 million of GEV2020 corporate bond and $300 million VT-SPE-2020 ABS bond. Before the maturity, GE Ventilator was in Chapter 11 restructuring. Describe the bankruptcy effect on GEV2020 and VT-SPE-2020, respectively
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