We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Upside down

20 May 2009 By Una Galani

Alliance Boots bought back some of its debt at almost half of face value. Boots may have been Europe s largest leveraged deal. But it still has the financial resources to exploit pennypinched debt investors. The window for other corporates to follow suit won t be open forever.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)