Wind Hellas Bondholders Said Favored to Acquire Phone Company

Wind Hellas Telecommunications SA’s senior-secured bondholders are in the lead to acquire Greece’s third-largest mobile phone operator, said three people with knowledge of the matter.

While a bid by Telenor ASA, the Nordic region’s largest phone company, is preferred by lenders of Wind Hellas, bondholders aren’t satisfied with the offer, terms of which couldn’t be determined, said the people, who declined to be identified because a final decision hasn’t been made.