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Vanguard borrowed about $4 billion in private bonds to finance its Altruist deal

The asset manager tapped the private placement market to fund its pending purchase of wealth platform Altruist, in which it invested in 2020

Vanguard borrowed about $4 billion in private bonds to finance its Altruist deal

We haven't written up this one. Quartz has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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FTSE 100 Firm Above The Flatline

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