PIMCO's Jessup: HY Cos. Have Shaped Up

Iyer-Ahrestani, Savita
June 2010
High Yield Report;6/7/2010, Vol. 21 Issue 23, p11
The article reports on the statement made by Andrew Jessop of investment company Pacific Investment Management Co. (PIMCO) that most high yield companies have improved in 2010. It cites that high yield companies have not experienced serious liquidity issues. It notes that such companies were able to refinance shorter maturity debt and term out their bank loans. It states that they performed well in reducing costs.


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