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Fly News Breaks for June 25, 2015
NYLD
Jun 25, 2015 | 08:17 EDT
Morgan Stanley said the 8% sell-off in NRG Yield following the $790M debt and equity issuance is overdone. The firm said the drop is largely technical due to the convertible debt issuance and remains a top-pick in the group with an attractive yield and stable cash flows.
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