BMCA Debt Slips Below Par

12 Apr 2007

The housing market plague has spread further through the loan market, with the latest victim, Building Materials Corporation of America, watching its new debt slowly sink below par since it broke for trading in the secondary market last month.

The housing market plague has spread further through the loan market, with the latest victim, Building Materials Corporation of America, watching its new debt slowly sink below par since it broke for trading in the secondary market last month. Its term loan "B" was trading as low as ...

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