Wednesday, May 16, 2007

Hayes Lemmerz prices larger than expected bond-lead

(Reuters) - The deal was priced at par with a coupon of 8.25 percent, at the low end of guidance of 8.25 to 8.5 percent, the bank said. Both the increase in size and the final yield are signs of good demand.

Deutsche Bank, Citigroup and UBS are managing the sale.


Read more at Reuters.com Bonds News

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