Mar 19
Thornburg Mortgage said that five lenders have agreed
to a deal where no further margin calls will be made in return for its
compliance with a laundry list of requirements.
Thornburg will give the five lenders, Bear Stearns Cos., Citigroup
Inc., Credit Suisse Group, Royal Bank of Scotland Group PLC and UBS AG,
warrants which they can exercise into 47 million shares
of the company at…