Phoenix equity rises from ashes after optional redemption

22 Sep 2005

Equity holders in a rare hybrid CBO of corporate names have been awarded a 151.7 redemption price, after voting for an optional redemption three years into the deal's life. "We thought the best case scenario was 125, so we were almost dumbfounded by the price we ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial