Speculative debt defaults rise in 2nd qtr -Moody
LONDON, July 8 (Reuters) - The rate of defaults in speculative-grade debt rose to 2.0 percent in June from 1.5 percent at the end of the first quarter, as the credit crunch means companies struggle...
 

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    WILMINGTON, Del.----The Bancorp, Inc. announced today that a registration statement on Form S-1 has been filed with the Securities and Exchange Commission for an initial public offering of units of FinTech Acquisition Corp., a newly incorporated special purpose acquisition corporation formed for the purpose of acquiring one or more businesses, seeking to raise $100 million for FinTech in an offering to be underwritten by UBS Investment Bank.

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