Exact(1)
The company said it still owns $127.2 million of the securites, which have experienced multiple failed auctions.
Similar(59)
Issuers would also benefit by renegotiating contracts to eliminate payments for unsold securities and failed auctions.
The latest European 3G auction debacle mimics failed auctions late last year in Italy and Switzerland.
"We are so disappointed," Simonds said of the failed auction.
After multiple failed contact attempts, ESA declared the mission lost.
Amazon has tried and failed at auctions and search, for example.
A failed gilt auction, in particular, could send sterling tumbling.
Simonds, meanwhile, is discouraged by the failed first auction, but is considering another try.
Experimental results show that the aggregated outcome of multiple English auctions is more favorable to auctioneers and sellers than that of a corresponding single Yankee auction.
Only this week almost 1,000 of these auctions failed.
Despite multiple nominations, it failed to win an Oscar.
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