メインコンテンツに移動

A step in the right direction

After agreeing to a proposed £3.5 billion debt-for-equity swap in July, bondholders in Telewest have approved the final terms of a deal that will take the company closer to emerging from bankruptcy

news-1-gif

The long-running saga of Telewest’s restructuring took another step forward last month when the cable company reached an agreement with a group of creditors. Under the terms of the plan, Telewest bondholders will now receive 98.5% of the company, leaving shareholders with the remaining 1.5%.

This is a marked improvement for the ad hoc group of bondholders, which includes WR Huff Asset

コンテンツを印刷またはコピーできるのは、有料の購読契約を結んでいるユーザー、または法人購読契約の一員であるユーザーのみです。

これらのオプションやその他の購読特典を利用するには、info@risk.net にお問い合わせいただくか、こちらの購読オプションをご覧ください: http://subscriptions.risk.net/subscribe

現在、このコンテンツをコピーすることはできません。詳しくはinfo@risk.netまでお問い合わせください。

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

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

ログイン
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 individual account here