Tysers secures key debt extensions as long-running auction drags on
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Tysers secures key debt extensions as long-running auction drags on

tysers money.jpg

Tysers has secured extensions to all four tranches of debt as the insurance market awaits an outcome from its drawn-out sales process, this publication understands.

Sources indicated that, prior to that extension at the weekend, certain debtholders, some of whom were advised by Houlihan Lokey, had been organising to examine their options to recoup their $500mn principal.

It

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