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Rating:Calamos to Refinance out of Auction-Rate Holdings Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, May 20, 2009

Calamos to Refinance out of Auction-Rate Holdings

by: Sean Hanna, Editor in Chief

Auction-rate shares are a thing of the past for Calamos Investments. The WSJ Fund Track reports that Calamos is purging the last of its auction-rate holdings through a debt refinancing. The fund firm's closed-end funds hold $434 million of the preferred shares. 

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