Analysis: Is Highmark offer to WPAHS enough?
Source: Pittsburgh Post-Gazette
January 22. 2013 8:00AM - Last modified: January 22. 2013 8:21AM
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?