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Pimco Seeks as Much as $5 Billion to Buy Distressed Senior Debt
Pacific Investment Management Co., the biggest manager of bond funds, is seeking as much as $5 billion to buy mortgage-backed debt that plunged in value after the subprime market collapsed, according to two investors with knowledge of the matter. [...]
from Bloomberg august 27, 2008 - Wednesday 27 August 2008 at 09h43
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