Source Pravda.Ru

Tie The Cable

The Dutch cable company United Pan-Europe Communications could file for bankruptcy protection.

Company is threatened with debt moratorium if it won’t be able to finish debt restructuring successfully.

If bankruptcy proceedings begin the company will have to forge ahead with its proposed rescue plan.

The company has to start financial restructuring in Versatel (last month it was agreed to swap $5.4bn debt for equities), in Telewest with its £5.3bn debt.

Analysts predict Mr. Malone will try to tie up his cable interests in Europe.

©

&to=http://www.upccorp.com/corporate/default.htm' target=_blank>United Pan-Europe Communications

Comments
Putin makes first public comment on Russian pension reform
Donbass referendum: Putin’s bright move to force Ukraine to obey
Donbass referendum: Putin’s bright move to force Ukraine to obey
The Big Brexit mistake
The Big Brexit mistake
Donbass referendum: Putin’s bright move to force Ukraine to obey
Donbass referendum: Putin’s bright move to force Ukraine to obey
Donbass referendum: Putin’s bright move to force Ukraine to obey
Donbass referendum: Putin’s bright move to force Ukraine to obey
Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia
Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia
Iran responds to Trump's threats against Teheran
Now it's Law: Israel is not a Democracy
Iran responds to Trump's threats against Teheran
Putin makes first public comment on Russian pension reform
Putin makes first public comment on Russian pension reform
Putin makes first public comment on Russian pension reform
Putin makes first public comment on Russian pension reform
Putin makes first public comment on Russian pension reform
Putin makes first public comment on Russian pension reform
Putin makes first public comment on Russian pension reform