OHL Bonds Fall as Builder Boosts Mexico Shares Guaranteeing LoanBy
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.