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Reuters: Thornburg raises $1.35 billion to head off bankruptcy

Started by chris, April 01, 2008, 04:01:03 AM

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chris

Thornburg raises $1.35 billion to head off bankruptcy
      


NEW YORK (Reuters) - Thornburg Mortgage Inc , a jumbo mortgage provider that has been trying to avoid bankruptcy, on Monday said it raised $1.35 billion from a sale of debt and warrants to buy common stock.
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