Cheyne May Liquidate Commercial Paper Unit on Losses (Update1)
Story date: 2007-08-29 08:41:00
Added on: 2007-08-29 23:35:28
Bloomberg - Thornburg said earlier this month that it sold $20.5 billion of securities at about 95 cents on the dollar to pay down commercial paper it couldn't refinance. ``Investors are not going to refinance you in this environment,'' said Craig ...
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