Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Liberty Mutual Group Inc. > News item |
Midday Commentary: Liberty Mutual Group's notes trade better amid volatile market
By Aleesia Forni
Virginia Beach, Va., June 14 - Liberty Mutual Group Inc.'s upsized $600 million of 4.25% 10-year senior notes traded better on Friday, closing a volatile week for the high-grade bond market.
The notes traded at 212 bps bid, 209 bps offered early during Friday's session, according to a trader.
Liberty Mutual sold the notes on Thursday at Treasuries plus 215 bps.
The property and casualty insurance company is based in Boston.
In other market action, the Markit CDX North American Investment Grade index tightened 2 bps to 85 bps on Friday.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.