MutualFundWire.com: Neuberger Berman Issues $800M in Debt
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Tuesday, March 13, 2012

Neuberger Berman Issues $800M in Debt


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].


Printed from: MFWire.com/story.asp?s=39447

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