Mytravel Rebels Appeal

Daily MailDecember 14, 2004

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Summary


DISSIDENT bondholders in MyTravel will make a last-ditch attempt to derail its Pounds 800m debt restructuring plan.

Holders of Pounds 216m worth of convertible bonds including Fidelity, Societe Generale and Lehman Brothers were yesterday granted a right to appeal against the proposed debtfor-equity swap, which leaves them with just 2pc of stock.

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Mytravel Rebels Appeal

The High Court will hear th...

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