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What price to pay for distressed assets? | 15 comments (15 topical, 0 editorial, 0 hidden)
Re: What price to pay for distressed assets? (none / 1)
The bondholders have already been guaranteed... see my LTE referenced in first paragraph

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Aug 26th, 2009 at 07:14:31 PM EST
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Re: What price to pay for distressed assets? (none / 1)
Sorry, I intended to refer to the banks, whose guarantee runs out in 2010.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Aug 26th, 2009 at 07:36:11 PM EST
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Re: What price to pay for distressed assets? (none / 1)
I think the bondholder guarantee also runs out in 2010 - which raises the possibility of a debt/equity swap at that stage.

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Aug 27th, 2009 at 05:28:51 AM EST
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What price to pay for distressed assets? | 15 comments (15 topical, 0 editorial, 0 hidden)
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