New Star Higher Income - Suspended
By ROBERT HARLEY 02/12/2008
In view of the uncertainty surrounding the future of New Star Group we have suspended our ratings on all their funds. The group are currently in negotiations with their bankers with regard to a debt - equity swap, which may result in further corporate activity or reorganisation.
Market latest
|
Index
|
Points
|
+/-
|
| FTSE 100 |
5865.70 |
0.45%
|
| FTSE 250 |
11152.00 |
0.77%
|
| FTSE All Share |
3029.21 |
0.47%
|
| FTSE Euro 100 |
2231.84 |
0.51%
|
| S&P 500 |
1344.33 |
0.04%
|
| Nasdaq |
2901.99 |
–
|
| Hang Seng |
20709.94 |
–
|
| Nikkei 225 |
8917.52 |
0.13%
|
Values delayed by at least 15 minutes.
Source: Financial Express