(Reuters) - In the Tuesday meeting, creditors including Merrill Lynch
, Citigroup and JPMorgan Chase & Co. will
be briefed on a plan to keep the fund going, including a $500
million capital infusion and a year-long freeze on collateral
calls. Citi would lead the recapitalization.
Blackstone [BG.UL], the private-equity investment giant
that is also an active restructuring adviser, and Merrill
declined to comment. Officials at Bear Stearns and JPMorgan
were not immediately available to comment.
Read more at Reuters.com Bonds News
, Citigroup and JPMorgan Chase & Co. will
be briefed on a plan to keep the fund going, including a $500
million capital infusion and a year-long freeze on collateral
calls. Citi would lead the recapitalization.
Blackstone [BG.UL], the private-equity investment giant
that is also an active restructuring adviser, and Merrill
declined to comment. Officials at Bear Stearns and JPMorgan
were not immediately available to comment.
Read more at Reuters.com Bonds News
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