Manchester United’s £500M bonds failing
Manchester United's success on the pitch is not encouraging traders to buy the bonds they sold two weeks ago.
They successfully raised £500 million to refinance the serve debt burden on the club. 250 million in pounds and 425 million in dollars.The former are now selling at 93% of their initial value, whereas the latter are selling at 94.
Stretty Ender @ Feb 2, 2010 8:54 PM EDT | Blog Profile
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