{"id":26905,"date":"2012-01-17T09:19:33","date_gmt":"2012-01-17T14:19:33","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26905"},"modified":"2012-01-17T09:19:33","modified_gmt":"2012-01-17T14:19:33","slug":"hedge-funds-push-for-debt-swap-on-cvcs-nine-source","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2012\/hedge-funds-push-for-debt-swap-on-cvcs-nine-source.html","title":{"rendered":"Hedge funds push for debt swap on CVC&#8217;s Nine-source"},"content":{"rendered":"<p>Reuters &#8211; Hedge funds owning a large chunk of the $2.8 billion debt in Australia&#8217;s Nine Entertainment, owned by buyout firm CVC, have prepared a proposal to convert their debt into equity in the TV network, a source told Reuters, in a plan that would wipe out most of CVC&#8217;s equity.<\/p>\n<p>Nine&#8217;s board has declined to meet with the hedge funds, Oaktree Capital and Apollo Global Management, which requested a meeting to put forward the restructuring plan, the person with knowledge of the situation said.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2012\/01\/17\/nineentertainment-cvc-idUSL3E8CH1AU20120117\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge funds owning a large chunk of the $2.8 billion debt in Australia&#8217;s Nine Entertainment, owned by buyout firm CVC, have prepared a proposal to convert their debt into equity in the TV network, a source told Reuters, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26905","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=26905"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26905\/revisions"}],"predecessor-version":[{"id":26907,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26905\/revisions\/26907"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}