Financial Times FT.com

AbitibiBowater debt exchange offer fails

By Christopher Mason in Ottawa

Published: April 2 2009 03:44 | Last updated: April 2 2009 03:44

Newsprint maker AbitibiBowater said on Wednesday it is weighing alternatives to its restructuring plans after a debt exchange offer failed to garner sufficient lender support.

The latest deadline for an agreement from lenders passed midnight Tuesday night.

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