2013-11-26aljazeera.com

``The 21 investors include BlackRock Inc, Metlife Inc, Allianz SE's Pacific Investment Management Company, the TCW Group and Bayerische Landesbank.

Under the agreement, the trustees have until Jan 15 to accept the offer, which may be extended for another 60 days, according to JPMorgan and Gibbs & Bruns, the Houston law firm that represented the institutional investors.

Kathy Patrick of Gibbs & Bruns called the deal "an important milestone" in a three-year effort by the group of 21 bondholders.''


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread