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Historic Bond Deal Failure Was Result of Financial Model Error, Scotia Says

A C$1 billion ($735 million) bond deal to finance an investment group’s purchase of gas pipelines fell apart due to a financial-modeling mistake, according to analysts at Bank of Nova Scotia.


  • Sep 11 2024
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Historic Bond Deal Failure Was Result of Financial Model Error, Scotia Says
Historic Bond Deal Failure Was Result of Financial Model Error, Scotia Says
(Bloomberg) — A C$1 billion ($735 million) bond deal to finance an investment group’s purchase of gas pipelines fell apart due to a financial-modeling mistake, according to analysts at Bank of Nova Scotia. Read More

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