You have no items in your shopping cart.

Qwest Communications: Bond-Swap Offer (A)
Hild, Matthias; Mitchell, Jordan Case QA-0647 / Published January 27, 2005 / 11 pages.
Format Price Quantity Select
PDF Download
$6.95
EPUB Download
$6.95
Printed Black & White Copy
$7.25

Product Overview

By the end of 2002, Qwest Communications Inc., a major U.S. communications company, was reaching a precarious level of illiquidity in the face of huge debts. To reduce that debt, Qwest offered its institutional investors a chance to exchange some unsecured bonds for new senior-subordinated secured notes. But bondholders had no reliable data on Qwest’s financials, and there is a two-day deadline for accepting Qwest’s offer. See also the B case (UVA-QA-0648).




  • Videos List

  • Overview

    By the end of 2002, Qwest Communications Inc., a major U.S. communications company, was reaching a precarious level of illiquidity in the face of huge debts. To reduce that debt, Qwest offered its institutional investors a chance to exchange some unsecured bonds for new senior-subordinated secured notes. But bondholders had no reliable data on Qwest’s financials, and there is a two-day deadline for accepting Qwest’s offer. See also the B case (UVA-QA-0648).

  • Learning Objectives