Winsway may consider bond buyback in restructuring, Lucror says

Source: TheEdge Markets   |   Publish date: Fri, 27 Mar 2015, 02:39 PM    

SINGAPORE (March 27): Winsway Enterprises Holdings, a Chinese importer of coal for steelmakers, could buy back bonds as part of a debt restructuring amid the slump in commodity prices, according to Lucror Analytics.

A second tender offer within two years may be an option after the company said in a release on Thursday that it plans to restructure its 2016 notes, Singapore-based analyst Trung Nguyen said by phone on Friday.