Oct. 27 (Bloomberg) — Carl Icahn , the billionaire investor who says he is the largest bondholder of CIT Group Inc. , is offering to limit the downside for smaller noteholders if they support him in opposing the lender’s $30 billion debt exchange.
Dubai Said to Restrict Planned Bond to Islamic Debt (Update1) (Bloomberg)
Oct. 27 (Bloomberg) — Dubai plans to limit its first international debt sale in 18 months to Islamic bonds after setting up a $6.5 billion program to sell medium-term notes, according to a banker involved in the deal.
Icahn Offers to Buy Outstanding CIT Group Debt (ABC News)
Icahn makes offer to purchase CIT Group debt if bondholders agree to reject restructuring plan
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