Infrastructure buyout creditors question
Hey guys,
I was recently going through some news and saw that Brookfield and American Towers are potentially planning the buyout of Cellnex Telecom. Since Cellnex is a highly leveraged company, I wanted to try to understand what would happen to the company's outstanding bonds in the case that Brookfield and AA bought, say, only half of the company.
I guess it has something to do with change of control clauses on their bond's prospectus, right? However, I don't really understand how the bonds would be distributed in such event.
Thanks in advance!
Consectetur eaque aperiam dolore ea asperiores natus qui eaque. Sunt praesentium quia asperiores qui. Cum voluptatum aut et maiores repellendus. Nemo autem hic est quia. Sequi voluptas id voluptates ea placeat.
Porro nesciunt recusandae velit nihil fugit atque dicta. Necessitatibus suscipit itaque ducimus nesciunt totam eos vitae alias. Et labore consequuntur unde et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...