Analysis: Is Highmark offer to WPAHS enough?Source: Pittsburgh Post-Gazette
January 22, 2013 at 8:00 AM
- Last modified: January 22, 2013 at 8:21 AM
It's one of the biggest debt-restructuring deals ever in the municipal markets. But is the deal that Highmark cut with West Penn Allegheny Health System's bondholders -- which reduces a chunk of WPAHS's debt by $90 million or so -- big enough?