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They announced their intention to offer bonds in late March, well after it was generally known that the government intended to step in.
by pmiller2 7y ago
They announced their intention to offer bonds in late March, well after it was generally known that the government intended to step in.
- deleted 7y ago[deleted]
- toomuchtodo 7y agoI don't believe it was until early April when the full force of support was evident. https://news.ycombinator.com/item?id=22822869 https://news.ycombinator.com/item?id=22822869
- whatok 7y agoThe recent Fed announcements mostly served to reopen the high yield primary market and the investment grade markets were wide open well before that; especially for a strong issuer like BRK.