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UPDATE 1-Melrose to test market with high yield bond

Story date: 2007-10-18 08:46:00
Added on: 2007-10-18 23:56:31


Reuters UK - Proceeds from the bond, due 2015, "will be used to refinance the existing indebtedness of the company and will provide additional working capital," Melrose Resources said in a statement. Merrill Lynch is sole bookrunner for the deal and HBOS is joint ...


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