TITLE

Junk Bonds Show Signs of Cracking

AUTHOR(S)
Laughlin, Kate; Kantin, Kerry
PUB. DATE
October 2005
SOURCE
Investment Dealers' Digest;10/3/2005, Vol. 71 Issue 37, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the leveraged buyout of department store chain Neiman Marcus Group Inc. by Texas Pacific Group and Warburg Pincus LLC. Weakness in junk bonds; Deal's additional debt occurrence and payment covenants; Events that contributed to the wariness of investors.
ACCESSION #
18454582

 

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