KPS Snaps Up Oldcastle Bonds to Secure Hand in Debt Overhaul
Private equity firm KPS Capital Partners is buying the discounted debt of its own company, Oldcastle BuildingEnvelope, in a bid to secure the upper hand in the glass giant’s looming...
By Reshmi Basu, Davide Scigliuzzo · Bloomberg Markets
Private equity firm KPS Capital Partners is buying the discounted debt of its own company, Oldcastle BuildingEnvelope, in a bid to secure the upper hand in the glass giant’s looming financial overhaul.