Thermo-Electron Issues Convertible Bond

• Published in: Wall Street journal. Europe
• Main Author: This article was prepared by Allison Bisbey, Axel Bugge, Nicholas Elliott, Dan Weeks, George P. Bayliss, Chui-Ling Tam, Henry E. Teitelbaum and Eric Van Zant Of the Dow Jones Capital Markets Report
• Format: Newspaper Article
• Language: English
• Published: Brussels Dow Jones & Company Inc 08.04.1994
• Edition: Europe
• Subjects: Futures; Government bonds; Institutional investments; Prices; Treasuries

Thermo-Electron's seven-year convertible issue was almost fully placed -- about half in Europe and the remainder in the U.S. through a 144A private placement. The notes closed trading at 100.50 bid, 101 offer, up from an issue price of par. Lehman Brothers International is lead manager for the...