Bondholders shun Netia buyback raw deal

HIGH YIELD INVESTORS ARE BY now well accustomed to entering into negotiations on restructurings of down-and-out telecoms companies, but Netia’s collapse and the subsequent emergence of a proposed buyback was arguably one of the least expected.

Some fund managers confess in private that they were betting on Netia being saved by Telia, the Swedish incumbent and a 49% shareholder in the Polish alternative telecoms company.

“Telia has done it historically,” says one fund manager, “and until now Netia

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

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.

Sign in
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