SAN FRANCISCO - Issuers of recent bond offerings underwritten by Bear, Stearns& Co. - but yet to close - appeared to be resting easier yesterday after JPMorgan Chase& Co.'s fire-sale acquisition of Bear over the weekend.

The purchase, backed by "special financing" from the U.S. Federal Reserve, came in the face of Bear's almost certain collapse.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.