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One asset manager recalled the prelude to the global financial crisis and the 2001 dot-com bust, when companies that loaded up on debt when costs were low got hit with a steep bill years later.
July 17
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Carvana raised $3.275 billion through the sale, which priced Wednesday afternoon at par to yield 10.25% and will finance its acquisition of Adesa Inc.’s U.S. car-auction business.
April 28
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Deals, trends and research in structured finance and asset-backed securities for the week of Jan.22-28
January 28
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The transaction would affect about 54% of the government's outstanding bond debt.
September 1
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No investor wants to touch the riskiest high-yield debt. The bank’s asset manager says it’s cheap enough that there are opportunities.
October 22
