Selling junk to hit gold -

Sorry, you appear to have JavaScript disabled. Please enable
JavaScript to use this tool.

Find out how to enable it for your browser:

Internet Explorer 7 or 8

Click the Tools menu.
Select Internet Options.
Click the Security tab.
Click the Custom Level button.
Scroll down until you see the 'Scripting' section. Select the 'Enable' radio button for 'Active Scripting'.
Click the OK button.
Click the Yes button in the confirmation window.
Refresh this page.

Firefox 3.0

Click the Tools menu.
Select Options.
Click the Contents tab.
Select the 'Enable JavaScript' checkbox.
Click the OK button.
Refresh this page.

Refresh

Edward Russell-Walling Monday, 7 May 2007

When a merger fell through last autumn, mining company Freeport-McMoRan was undeterred. It has just bought a rival and issued the world’s biggest junk bond to pay for it. Edward Russell-Walling explains.

To continue reading, join our community and benefit from:

In-depth coverage across key markets
Comments from financial leaders and policymakers worldwide
Regional/country bank rankings and awards

Have an account? Sign In

Our Products:

Selling junk to hit gold

To continue reading, join our community and benefit from: