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buyback, deutsche bank, tender
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Debt
Greentown launches tender to prevent default
An attractive exit price of 85 cents on the dollar increases the chances that the property developer will succeed in buying back most of its $400 million high-yield bond.
By
Anette Jönsson
| 28 April 2009
Debt
Pakistan Mobile bond tender triggers default alert
S&P says the material tender discount of up to 30% versus face value would prompt it to put a default rating on the bonds if the proposed transaction is completed.
By
Anette Jönsson
| 17 April 2009
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