29.04.2009 - REITs circle battered property bond market
From Reuters: Some of Britain's biggest property firms are mulling bond buybacks, following the example set by banks who are trimming debt at the expense of liquidity-starved bondholders. Flush with cash after massive rights issues, companies like Land Securities and British Land are setting aside funds to buy heavily discounted bonds or commercial mortgage-backed securities, analysts say.....Full Article: Source
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