Babson Capital Management LLC said today it has completed the initial public offering of its Global Short Duration High Yield Fund, which began trading on the New York Stock Exchange today under the symbol "BGH."
Babson Capital said the fund raised $462.5 million in its common share offering, excluding the underwriters' option to purchase additional shares. Bank of America Merrill Lynch and Wells Fargo Securities served as lead managers of the common share underwriting syndicate.
The firm said the fund will extend Babson Capital's reach to retail and high net worth investors.
"We have found that both institutional and retail investors are seeking access to our investment platforms where we focus on finding relative value across global markets," said Anthony Sciacca, Babson's managing director and head of the Global Business Development Group. "We will continue to listen to investors and provide solutions that meet their investment needs."
Anda sedang membaca artikel tentang
Babson Capital launches new global fund
Dengan url
http://wartawanlocal.blogspot.com/2012/10/babson-capital-launches-new-global-fund.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Babson Capital launches new global fund
namun jangan lupa untuk meletakkan link
Babson Capital launches new global fund
sebagai sumbernya
0 komentar:
Posting Komentar