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BREAKING NEWS: Bloomberg – Exide Technologies Bonds Fall to Record Low After Plant Closing


Bonds of Exide Technologies (XIDE), a lead-acid battery producer, plunged to the lowest level ever after California regulators ordered it to close a recycling unit because of health risks. The company’s $674.2 million of 8.625 percent, first-lien notes due February 2018 dropped 4 cents on the dollar to 65 cents to yield 20.5 percent at […]

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