Vestel Offers 45% Haircut or Six-Year Extension on 2029 Bonds

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• BloombergLean L·2h ago

  Vestel Offers 45% Haircut or Six-Year Extension on 2029 Bonds

  Beleaguered Turkish white-goods maker Vestel Elektronik is asking holders of its 2029 bonds to back a restructuring under which they can choose to take a 45% haircut or extend the debt by six years.

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