Jacuzzi Debt Goes Flat

21 Jun 2007

Paper for Jacuzzi Brands dropped last week after it posted disappointing financial data.

Paper for Jacuzzi Brands dropped last week after it posted disappointing financial data. The first-lien term loan and letters-of-credit strip were trading at 97-97 3/4 on Wednesday afternoon, although it had fallen as low as 96 1/2-3/4 earlier in the week. The second lien fell to around 95-96 ...

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