KUWAIT (Reuters) - Shareholders in Kuwait's Global Investment House approved on Sunday a final plan to create new special purpose vehicles that will carry the company's debt as part of the $1.7 billion debt restructuring plan. Global, which is undergoing its second debt restructuring in three years, will create at least two SPVs, one to hold company assets along with a debt of $1.3 billion and one which will take part in a capital increase for the parent company and which will carry a debt equivalent of $430 million, Managing Director Maha al-Ghunaim told a news conference. ...
Source: http://news.yahoo.com/nigeria-cadburys-h1-pre-tax-profit-jumps-50-122122038--finance.html
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