(Reuters) - Bonds of South African mobile phone operator Cell C fell on Friday, dealers said, as some market participants raised questions about how the company might try to recapitalise its balance sheet.
Chief Executive Officer Jeffrey Hedberg on Thursday said he was pressing majority owner Oger Telecom to review the company's balance sheet to cut onerous debt repayments, with a buy back of some of the high-yield bonds a possibility.
Read more at Reuters Africa
Chief Executive Officer Jeffrey Hedberg on Thursday said he was pressing majority owner Oger Telecom to review the company's balance sheet to cut onerous debt repayments, with a buy back of some of the high-yield bonds a possibility.
Read more at Reuters Africa
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