News
Blue Star bosses bow to bond holder anger
Tuesday 2nd of August 2011
Less than a week ago, Blue Star had been insisting its proposal was bondholders' only hope of getting at least some of their money back, even though its own documents show that is a long shot.
The only alternative, directors had said, was receivership for Blue Star which would make certain bondholders would lose all their money.
However, it appears bondholders were prepared to sin...
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