NU Online News Service, Dec. 6, 11:52 a.m. – Conseco Inc., Carmel, Ind., says it bought back $110 million in public debt securities in November.
Conseco was originally supposed to pay off those debts in 2002.
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Conseco Buys Back Public Debt
By
Staff Writer
December 06, 2001 at 07:00 PM
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Some analysts have questioned whether the insurance and consumer finance company will have enough cash to pay off debts due in 2002, but Conseco says it has already bought back $232 million of the $864 million in public debt securities with 2002 maturities.
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