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First Data Corp. bonds, the second most actively traded high-yield securities Friday, surged to a six-month high, according to Trace data.
Greenwood Village-based First Data’s $2.2 billion of 9.875 percent notes due in 2015 climbed as much as 4.44 cents to 70.7 cents on the dollar before retreating to 67.3 cents in New York trading, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority.
