MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, August 20, 2010 Fidelity Raises Cash, Starts to Sell $250M in Debt Fidelity [see profile] is raising some cash. On Monday the Boston-based mutual fund titan's parent, FMR LLC, revealed that it plans to issue $250 million of debt. So far, 766 investors had already bought $68.225 million of that debt since August 6. Ned Johnson and his team did not reveal in the filing what they will use the cash for. CityBizList in Boston picked up on the offering. Printed from: MFWire.com/story.asp?s=33210 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |