Buyers Getting Some Relief With $58M Nevada CCRC Deal

Albano, Christine
December 2004
Bond Buyer;12/8/2004, Vol. 350 Issue 32025, p6
Trade Publication
The article focuses on Ziegler Capital Markets Inc. which will price the first piece of a $57.7 million nonrated bond deal to finance the Las Ventanas Retirement Community, Nevada's first continuing-care retirement community, bringing some relief to the supply-starved high-yield market. The deal's timing should appeal to investors at the end of a year that has presented few opportunities to buy high-yield bonds in sizable new issues even though such paper has been in demand as a way to improve returns in an otherwise low interest rate environment, according to market participants.


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