{"id":31844,"date":"2012-10-10T08:53:40","date_gmt":"2012-10-10T12:53:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31844"},"modified":"2012-10-10T08:53:40","modified_gmt":"2012-10-10T12:53:40","slug":"goldman-backs-nine-entertainments-debt-for-equity-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2012\/goldman-backs-nine-entertainments-debt-for-equity-deal.html","title":{"rendered":"Goldman backs Nine Entertainment&#8217;s debt-for-equity deal"},"content":{"rendered":"<p>Chicago Tribune &#8211; Funds run by Goldman Sachs Group Inc agreed to swap debt for equity in CVC Capital Partners Ltd&#8217;s Nine Entertainment as the beleaguered Australian television network scrambled to avoid going into receivership.<\/p>\n<p>Other lenders including hedge funds have yet to decide whether they agree to the debt-for-equity swap plan put forward by Nine management under a deal that would wipe out CVC Capital&#8217;s A$1.8 billion ($1.84 billion) equity investment in the company. That would be the largest-ever loss on a single private-equity deal in Asia.<\/p>\n<p><a href=\"http:\/\/www.chicagotribune.com\/business\/sns-rt-us-australia-nine-goldmanbre89904h-20121009,0,1066818.story\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago Tribune &#8211; Funds run by Goldman Sachs Group Inc agreed to swap debt for equity in CVC Capital Partners Ltd&#8217;s Nine Entertainment as the beleaguered Australian television network scrambled to avoid going into receivership. Other lenders including hedge funds [&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-31844","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31844","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=31844"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31844\/revisions"}],"predecessor-version":[{"id":31845,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31844\/revisions\/31845"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}