NEWS
Wednesday January 3 2018
Milan could issue bond

Milan could reportedly emulate city rivals Inter in releasing a bond to pay their debt to Elliott Management.

The Rossoneri are looking to refinance their loan from the U.S hedge fund, and had approached BgB Weston to find investors willing to make the investment.

There was an offer on the table from Highbridge, but it was reported last month that it was ’50-50’ if that would get through due diligence.

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NEWS
Tuesday January 2 2018
Milan snub Highbridge proposal

Milan will reportedly let the deadline with Highbridge expire and wait for other offers to refinance the €303m debt to Elliott Management.

The club has given BgB Weston an exclusive for another three days to find investors willing to refinance the loan from the US vulture fund.

Highbridge are the option they came up with, but news agency ANSA claim this evening that Milan are not convinced it’s the best deal they can get.

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