UPDATE 2-Bain in $1.5 bln South African Edcon debt for equity deal

JOHANNESBURG, Sept 20 (Reuters) - Private equity firm Bain Capital has agreed a debt for equity swap deal valued at $1.5 billion for Edcon, the chief executive of the South African clothes retailer said on Tuesday.

from Reuters: New Issues News http://ift.tt/2d8opU8