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HYG - Junk bond rally brings return of leveraged dividend
iShares iBoxx $ High Yield Corporate Bond
It's good to be a Blackstone (NYSE:BX) partner. Feeling its oats after the major rally in high-yield, the private-equity giant's Ascend Learning yesterday launched a CCC-rated $300M offering to fund a dividend distribution.
More news on: The Blackstone Group L.P., iShares iBoxx $ High Yield Corporate Bond ETF, SPDR Bloomberg Barclays High Yield Bond ETF, News on ETFs,