The Interpreter Posted October 19, 2009 Share Posted October 19, 2009 Universal Orlando now has less than six months remaining until an April 1 deadline to refinance $950 million worth of debt, and the resort has yet to announce any new deals with either its lenders or with director Steven Spielberg, who holds a lucrative consulting contract with the resort that has complicated the restructuring effort. Yet investors now appear more confident than they were just a few months ago that the resort will be able to complete the refinancing on time. A check last week showed that all of Universal's corporate bonds were trading above 98 cents on the dollar. That's far higher than this past spring, when some of Universal's bonds had sunk below 30 cents on the dollar.... http://blogs.orlandosentinel.com/business_...-redo-debt.html Quote Link to comment Share on other sites More sharing options...
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