PropertyEU

Canary Wharf offers to buy back bonds at heavy discount - report

By A staff reporter 2009-04-06T00:00:00

Canary Wharf Group has offered to buy back £185 mln of its securitised debt from bond holders at discounts of up to 85% of face value to take advantage of the prices being offered on illiquid corporate debt, the Financial Times reported on Monday. Canary Wharf Finance II, the securitisation ...

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