Tuesday, June 19, 2007

Merrill Revives $800 Million Sale of Bonds From Bear Stearns Hedge Fund

(Bloomberg) -- Merrill Lynch & Co. will proceed with
a plan to sell about $800 million of bonds from a money-losing
hedge fund run by Bear Stearns Cos., a day after delaying a
similar auction, people with knowledge of the offering said.

Merrill Lynch, a creditor to the fund, began distributing a
list to investors of bonds it may offer in the sale, according to
the people, who declined to be named because the details aren't
public.


Read more at Bloomberg Bonds News

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