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Monday, September 9, 2013

Verizon Plans $20 Billion Debt Sale - WSJ.com

Verizon Plans $20 Billion Debt Sale - WSJ.com:

 ""My view is the whole sector's going to get hit with that much coming in, but Verizon's going to take the worst of it," said Mary Talbutt, portfolio manager and trader at Bryn Mawr Trust Co. Still, Ms. Talbutt said she planned on holding on to the Verizon bonds currently in client accounts, noting that most of bonds mature in three years or less. She said she would consider buying the new Verizon bond."