Trump bondholders reject bankruptcy deal


A group of bondholders in Donald Trump’s casino empire, Trump Hotels & Casino Resorts, is threatening to obstruct the terms of a bankruptcy restructuring plan calling for bondholders to swap their bonds for cash and new debt securities at a discount to the face value of the original bonds.

Trump’s casino empire is straining under a $1.8 billion debt burden with an annual interest tab of $228.5 million. Combined with substantial cashflow erosion at Trump’s casinos, the company has been unable

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: