All Year clears William Vale bond hurdle on second try

Sometimes, 1 percent can make all the difference. A month after narrowly failing to get bondholder approval to amend prepayment terms on Israeli bonds backed by the William Vale complex in Williamsburg, Yoel Goldman’s All Year Management has succeeded on its second try. The key was doubling the prepayment penalty to 2 percent. The bonds in question were issued by All Year in 2017 for a $166 million refinancing of the then recently completed William

source https://therealdeal.com/2020/01/30/all-year-clears-william-vale-bond-hurdle-on-second-try/