{"id":27630,"date":"2012-02-27T03:31:33","date_gmt":"2012-02-27T08:31:33","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27630"},"modified":"2012-02-27T03:31:33","modified_gmt":"2012-02-27T08:31:33","slug":"cvc-rebuffs-hedge-fund-plan-to-restructure-nine-debt-sources","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2012\/cvc-rebuffs-hedge-fund-plan-to-restructure-nine-debt-sources.html","title":{"rendered":"CVC rebuffs hedge fund plan to restructure Nine debt &#8211; sources"},"content":{"rendered":"<p>Reuters &#8211; Private equity firm CVC CVC.UL, facing heavy potential losses on its debt-laden Australian TV network Nine, has no plans to respond to a fresh proposal from hedge funds to convert their debt into equity, sources said on Monday.<\/p>\n<p>The London-based buyout firm could face a potential equity loss on paper of as much as $2.2 billion (1.3 billion pound) and is fending off hedge funds that are trying to take control of Nine Entertainment, which is labouring under a debt load of $2.9 billion.<\/p>\n<p><a href=\"http:\/\/uk.reuters.com\/article\/2012\/02\/27\/uk-nine-entertainment-cvc-idUKTRE81Q0HR20120227\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Private equity firm CVC CVC.UL, facing heavy potential losses on its debt-laden Australian TV network Nine, has no plans to respond to a fresh proposal from hedge funds to convert their debt into equity, sources said on Monday. [&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-27630","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27630","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=27630"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27630\/revisions"}],"predecessor-version":[{"id":27631,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27630\/revisions\/27631"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}