Independent News & Media warns it’s likely to breach repayment of euro200m bond debt

Independent News & Media warns it’s likely to breach repayment of euro200m bond debt

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Independent News & Media warns it can’t pay debt
DUBLIN — Ireland’s major newspaper publisher, Independent News & Media, warned Thursday it is likely to default on a euro200 million ($265 million) debt due for repayment next month and is seeking a possible bailout from its top two shareholders.

The Dublin-based global media and advertising company made [...]

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