Advanced Theory & Practice of Bonds

Recognized under IBF-FTS | 7-8 June 2022 | 12 CPD Hours

Comprehensive 2-day course on bonds designed for private bankers, wealth managers and advisors.

GCL Energy’s Exchange Offer Fails, Triggers Default

GCL Energy’s Exchange Offer Fails, Triggers Default

GCL New Energy Holdings and GCL-Poly Energy Holdings Limited announced the termination of the Exchange Offer for its $500m 7.1% senior notes due January 30, 2021 as it failed to win enough support from bondholders. This default will further trigger a cross default and...

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