Neuberger Berman [profile] just sold $800 million in debt. Reuters reports that the New York City-based asset manager sold the senior notes in two chunks, one of $300 million and one of $500 million, via "the 144a private placement market."

Neuberger finished freeing itself from fallen Lehman Brothers in December [see MFWire.com, 12/14/2011]. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE