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Toys 'R' Us High Yield Bonds Jump, CDS Tightens After Co. Discloses Refinancing | Forbes

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in September
Matthew Fuller , Contributor

Bonds backing Toys ‘R’ Us jumped and the retailer’s credit protection costs tightened on last night’s news of a refinancing plan. The 7.375% secured notes due 2016 targeted in a bond-for-loan and loan-for-loan rollover rallied to a par context, from 93/94 prior, according to sources.

http://www.forbes.com/sites/spleverage/2014/09/24/toys-r-us-high-yield-bonds-jump-cds-tightens-after-co-discloses-refinancing/
 

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