OHL Bonds Fall as Builder Boosts Mexico Shares Guaranteeing Loan

  • Notes maturing 2022 dropped to record 82.3 cents on euro
  • Securities due 2023 decline to all-time low of 82.8 cents

Obrascon Huarte Lain SA’s bonds tumbled after the Spanish builder was forced to pledge additional shares in its Mexican unit to guarantee a loan after allegations of malpractice sent the stock’s value tumbling.

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