Subscribe to RSS feedZim bondholders set to receive
by
Jim Wilson
—
last modified
Oct 22, 2009 03:30 PM
AN AGREEMENT between bondholders of Zim Integrated Shipping Services and the embattled Israeli box line is imminent as details of the agreement were leaked to Israeli newspaper The Marker.
Those details outline a broad plan to compensate bondholders for deferral of repayment on debt with a package that includes higher interest rates and improved securities and options that can be swapped for shares.
An agreement with bondholders would...
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