Hedge Fund Files Ch. 11 Against Cellular Company
Gramercy Emerging Markets Fund, which holds about $56 million of the company’s overdue bonds, believes the company’s restructuring proposal shows a preference for the company’s lenders over its bondholders.
Iusacell Celular, a subsidiary of Grupo Iusacell SA de CV, plans to exchange $190 million in bank debt for $190 million in new...
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