Weekly Trade Round Up October 22, 2008

NRG, Sector Jump After Takeover Bid
NRG Energy bonds and loans jumped five to seven points after Exelon’s $6.2 billion bid for the Princeton, N.J.-based energy producer. The bonds were trading at 85 Tuesday, up from 81 Oct. 15. The bank debt rose over five points to 85 1/2-88 1/2 Monday, from a close of 80 Oct. 15, and held the level Tuesday. The rest of the energy sector moved ...

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