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Pimco fund looks to buy $5 billion of debt

 
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Deuel
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Joined: 01 May 2006
Posts: 4779
PostPosted: Thu Aug 28, 2008 3:08 am    Post subject: Pimco fund looks to buy $5 billion of debt Reply with quote
Pacific Investment Management Co. of Newport Beach, Calif., is looking to raise as much as $5 billion to purchase distressed mortgage-backed debt, according to Bloomberg.

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