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Reuters: Thornburg looks to sell up to $1.35 billion of bonds

Started by chris, March 25, 2008, 03:01:03 PM

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chris

Thornburg looks to sell up to $1.35 billion of bonds
      


NEW YORK (Reuters) - Thornburg Mortgage Inc  said on Tuesday it is looking to sell up to $1.35 billion of bonds in a private placement as the struggling "jumbo" mortgage lender tries to raise the funds necessary to keep lenders at bay and avert bankruptcy.
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