NEW BANKRUPTCY RULES COULD INCREASE BORROWING COSTS

NEW YORK -- Some retailers could see the price of borrowing rise in the coming months as new bankruptcy rules take effect, analysts said.The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, which becomes effective on Oct. 17, contains provisions that could make it more difficult for bondholders to collect from bankrupt retailers, the analysts said, possibly driving up the costs of

NEW YORK -- Some retailers could see the price of borrowing rise in the coming months as new bankruptcy rules take effect, analysts said.

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, which becomes effective on Oct. 17, contains provisions that could make it more difficult for bondholders to collect from bankrupt retailers, the analysts said, possibly driving up the costs of borrowing for some supermarket operators whose debt is considered high-yield.

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