Cleary advises on Dixons-Wanadoo bond exchange
Cleary Gottlieb Steen & Hamilton is advising managers Goldman Sachs and Morgan Stanley Dean Witter on Dixons’ indirect issue of exchangeable bonds only a month after investing in French internet company Wanadoo. Under the terms of the deal, the bondholder has the right to trade bonds in return for shares in internet service provider Wanadoo. […]