Funds Exploit Cheap Utility Debt While Industry Is in Transition

Albano, Christine
August 2000
Bond Buyer;08/18/2000, Vol. 333 Issue 30957, p7
Trade Publication
Reports that high-yield fund managers in the United States are seizing the opportunity to buy their debt at relatively cheap levels during the electric industry's transition to a deregulated market. Risks of deregulation; Secondary trading of pollution control revenue bonds.


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