The hedge fund would break even on its debt investment if the Berkshire bid prevails because gains in some parts of its debt holdings, which would be paid out in full, would offset losses in
the unsecured bonds it holds, where it would take a deep haircut, the people said.
Not exact matches
The 19 - year - old was released on an
unsecured $ 5,000
bond until his preliminary hearing is
held at the end of January.
Represented underwriters in two simultaneous public offerings by a utility
holding company of $ 300 million of
unsecured debt and by its electric utility subsidiary of $ 300 million of first mortgage
bonds.