Daily roundup / Hamashbir admits bad, attempts to soothe nervous bondholders
Malam gets a visit from the antitrust fairies; U.S. drug agency makes Teva wait; Hapoalim and Leumi don't sweat new demands from central bank.
Hamashbir tries to soothe alarmed bondholders: Two days after launching its food outlet Cost 365, department-store chain Hamashbir 365 admitted that it's in breach of its financial covenants with the banks. To assuage ruffled bondholders over its violation, which indicates it has debt-to-equity ratios that make banks nervous, Hamashbir is increasing the interest on its bonds by 0.5% a...
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