Fremont Bonds Pop With Real Estate Sales

24 May 2007

The 7.875% '09 notes for Fremont General popped five points last week after the company announced it is selling its commercial real estate lending business and an investor group will inject about $80 million of equity into the company.

The 7.875% '09 notes for Fremont General popped five points last week after the company announced it is selling its commercial real estate lending business and an investor group will inject about $80 million of equity into the company. The notes were hovering in the 93 1/2 context ...

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