Freshly Minted – May 20, 1999

HIGH YIELD

The high yield bond buying community has begun to take a more sectoral approach to shipping issues. CSFB was the first to jump into shipping head first and as you will see from our analysis on Alpha’s restructuring, the cheaper you get into a deal, the easier it is to find the exit.

ULTRAPETROL

Ultrapetrol has tightened to bid 86, though first quarter earnings are

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