By Jennifer Ablan 19 minutes ago NEW YORK (Reuters) - Two of the biggest U.S. bond investors said they would get involved in a capital raising by Fannie Mae (FNM.N) and Freddie Mac (FRE.N) as long as the U.S. Treasury participates in the new deals.But Bill Gross, chief investment officer at Pacific Investment Management Co., and Dan Fuss, vice chairman of Boston-based Loomis Sayles, disagree on what shape any deal with Treasury should take, according to separate interviews on Friday.
Gross would be drawn to a straight preferred stock offering similar to securities sold by Fannie Mae and Freddie Mac in raising capital this year and last, while Fuss wants an offering of convertible debentures.
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