Friday, April 13, 2007

Burlington Northern, United Surgical Sell Bonds as Issuance Begins to Slow

(Bloomberg) -- Burlington Northern Santa Fe Corp., the second-largest U.S. railroad, and hospital manager United Surgical Partners International Inc. led borrowers in selling $6.31 billion of bonds this week as issuance slows amid increased concern about faster inflation and a faltering economy.

Sales are on pace to be the lowest this year, falling from $18.4 billion last week, according to data compiled by Bloomberg. The weekly average this year is $23 billion.


Read more at Bloomberg Bonds News

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