Irish Times: Denis O’Brien may be ‘bypassed’ in IN&M bond deal
August 4th, 2009Posted by Judith Townend in Editors' pick, Newspapers
The latest on the Independent News & Media financial negotiations, as reported by the Irish Times:
“Bondholders in Independent News & Media (IN&M) are negotiating with the company on the resolution of an overdue €200 million note on the basis that key investor Denis O’Brien will not sign up to current proposals.”
Last month, in an interview with the Irish Sunday Times, O’Brien said that it was possible IN&M might go into bankruptcy protection.
Tags: Denis O'Brien, EUR, Independent News & Media, irish sunday times, Irish Times, the Independent News, the Irish Sunday Times, The Irish Times
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