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financial

January 4, 1994

Analysts Call It A No-Lose Deal

NEW YORK -- For Federated Department Stores, the purchase of 50 percent of Prudential's claim against R.H. Macy & Co. has little downside risk, according to analysts.The Prudential loan pays interest of 12 percent a year and is secured by...

By Sidney Rutberg

financial/news

NEW YORK -- For Federated Department Stores, the purchase of 50 percent of Prudential's claim against R.H. Macy & Co. has little downside risk,...

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Analysts Call It A No-Lose Deal

NEW YORK -- For Federated Department Stores, the purchase of 50 percent of Prudential's claim against R.H. Macy & Co. has little downside risk, according to analysts.The Prudential loan pays interest of 12 percent a year and is secured by...

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