Paulson Commits Funds To Conseco, Bonds Soar
Conseco’s 3 1/2% bonds maturing in 2035 jumped 8.5% this week, climbing 7.83 points to 99.83 after hedge fund Paulson & Co. said it would buy a 9.9% equity stake in the Carmel, Ind.-based insurer.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: