Monday, March 11, 2013

Suntech "Bondholders are 'Effectively Equity Holders'" ($STP)

Updated Bloomberg article:

'Suntech faces an increasing risk of bankruptcy, said Gordon Johnson, an analyst at Axiom Capital Management Inc.

Bondholders are 'effectively equity holders,' he said. 'There is a risk that U.S. equity holders could be devalued significantly."'

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