{"id":31978,"date":"2012-10-17T07:51:21","date_gmt":"2012-10-17T11:51:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31978"},"modified":"2012-10-17T07:51:21","modified_gmt":"2012-10-17T11:51:21","slug":"australias-nine-reaches-debt-deal-owner-cvc-loses-1-8-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2012\/australias-nine-reaches-debt-deal-owner-cvc-loses-1-8-billion.html","title":{"rendered":"Australia&#8217;s Nine reaches debt deal, owner CVC loses $1.8 billion"},"content":{"rendered":"<p>Reuters &#8211; Lenders of Nine Entertainment television network, owned by CVC Capital Partners Ltd, agreed to swap more than $3 billion in debt for equity, giving U.S. hedge funds control of one of Australia&#8217;s best-known media firms.<\/p>\n<p>The deal will wipe out CVC&#8217;s A$1.8 billion ($1.85 billion) equity investment in Nine, marking the largest-ever loss on a single private-equity deal in Asia, and one of the biggest globally.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2012\/10\/17\/us-australia-nine-cvc-idUSBRE89G06V20121017\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Lenders of Nine Entertainment television network, owned by CVC Capital Partners Ltd, agreed to swap more than $3 billion in debt for equity, giving U.S. hedge funds control of one of Australia&#8217;s best-known media firms. The deal will [&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-31978","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31978","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=31978"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31978\/revisions"}],"predecessor-version":[{"id":31979,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31978\/revisions\/31979"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}