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With less paper in the immediate offing, accounts bid up seasoned loans in the secondary and enthusiastically subscribed new syndications.
FORBES: Leveraged loans return 1.16% in July, trailing other asset clases; 5.75% YTD
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With the pool of shorter-dated loans shrinking, there is a strong bid for shorted-dated paper from CLOs as they work to maintain compliance with weighted-average-life tests, traders note.
FORBES: Connect
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Willamette Industries rejected a sweetened hostile takeover bid from rival wood-and-paper-products concern Weyerhaeuser in a unanimous vote of its board.
FORBES: Focus On The Forbes 500s
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Barry Diller's bid for Lycos -- are exchanges of paper.
FORBES: Dow 10,000 -- in 2005
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With the loan market running hot in March, managers bid up lower-rated, lower-priced paper.
FORBES: Connect
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With the markets running hot, investors bid up lower-rated, lower-priced paper in July.
FORBES: Leveraged loans return 1.16% in July, trailing other asset clases; 5.75% YTD
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Murdoch, in a bid to avert the hacking crisis, shut the paper, like a veterinarian who takes one look at your boisterous, nippy, but otherwise healthy mastiff and puts it down.
NEWYORKER: Hack Work
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The paper said that Blackstone was creating a consortium, thought to include a Chinese sovereign wealth fund, to make the bid.
BBC: RELATED BBC SITES