Crown notes speculation

06 May 2016

 

Crown Resorts this year have been the subject of strong rumours which have pushed up the yield on its subordinated notes. The rumours suggest the James Packer is investigating the possibility of privatising the company. The company has not responded to rumours and the price of the Crown notes has remained depressed with yields pushed higher. Crown Notes I (ASX code: CWNHA) have a running yield of 7.82% and a...

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