NEW YORK - The Resolution Trust Corp. said that its portfolio of junk bonds and various corporate debt obligations had a face value of $293.3 million.
The RTC said it also had 89.3 million shares of preferred and common stock, including warrants; 20 limited-partnership interests; and $132 million of highly leveraged transaction-loan interests.
The RTC has sold more than $101.3 million of debt and 8.6 million shares of preferred stock, common stock, and warrants, and $91.8 million of highly leveraged transaction-loan interests this year. The RTC's total high-yield sales since inception in August 1989 exceed $8.2 billion.
