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Duff & Phelps Utility and Corporate Bond Trust plans to reduce leverage
23 August 2013 -- Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) said it intends to reduce the amount of leverage utilized by the fund by USD65m.
To do so, the company plans to take the following actions on or about September 19, 2013:
The fund will repay USD17.5m of...
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