EMPG refinancing will cut $7.6bn debt
August 14, 2009Education Media & Publishing Group, the educational publisher formed by Barry O’Callaghan’s leveraged buy-outs of Boston-based Houghton Mifflin and Harcourt, has agreed a refinancing which will lower its debt load and interest bills but heavily dilute equity holders.
Source
http://www.ft.com/cms/s/0/238a3862-88f9-11de-b50f-00144feabdc0.html
Related companies
Education Media and Publishing Group Limited
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