CNP 0.00% 4.0¢ cnpr group

centros liquidity facility..., page-58

  1. 733 Posts.
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    TP,

    If debt is swapped for assets as you say, how is that different from simple asset sales, except the companies lenders are the buyers??

    The company has already stated that asset sales alone are insufficient and an equity injection is necessary. Why would lenders pay more than market value to acquire assets?

    Could you elaborate?
 
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