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2 weeks ago | 
bloomberglinea.com | Gowri Gurumurthy |Yuki Iwamura
Bloomberg — La empresa de medios de comunicación y entretenimiento Warner Bros. Discovery Inc (WBD) fue rebajada a un nivel por debajo del grado de inversión por S&P Global Ratings, según un informe publicado este martes. La calificación crediticia del emisor fue rebajada a BB+, un escalón por debajo del escalón más bajo del grado de inversión, BBB-.
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3 weeks ago | 
financialpost.com | Aaron Weinman |Jeannine Amodeo |Gowri Gurumurthy
Skip to ContentAdvertisement 1Wall Street banks, stung by debt markets shutting down last month as trade wars escalated, are taking less risk in some of their efforts to win financing business for mergers and acquisitions. Article content(Bloomberg) — Wall Street banks, stung by debt markets shutting down last month as trade wars escalated, are taking less risk in some of their efforts to win financing business for mergers and acquisitions.
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3 weeks ago | 
bloomberg.com | Aaron Weinman |Jeannine Amodeo |Gowri Gurumurthy
A Wall Street sign near the New York Stock Exchange (NYSE) in New York, US, on Monday, April 21, 2025. US stocks tumbled as President Donald Trump continued to verbally attack Jerome Powell, calling on the Federal Reserve chair to cut rates as signs mount the president's trade war is pushing the economy toward recession.
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3 weeks ago | 
news.bloomberglaw.com | Aaron Weinman |Jeannine Amodeo |Gowri Gurumurthy
Wall Street banks, stung by debt markets shutting down last month as trade wars escalated, are taking less risk in some of their efforts to win financing business for mergers and acquisitions. Junk-rated companies and private equity firms have lined up about $17 billion of debt recently for purchases of everything from power plants to a chain of gas stations. But they are using an unusual tool for that financing: the 364-day bridge loan.
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3 weeks ago | 
bloomberg.com | Rachel Graf |Gowri Gurumurthy
A Carnival cruise ship in New Orleans, Louisiana. (Bloomberg) -- Carnival Corp. issued bonds for the third time this year, as the cruise operator chips away at a debt load that had ballooned during the Covid-19 pandemic. Monday’s $1 billion offering of senior unsecured notes will be used to refinance 7.625% notes maturing next year, according to a person familiar with the matter. The new notes priced at 5.875%, the person said, at the low end of initial pricing discussions of up to 6%.
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4 weeks ago | 
news.bloombergtax.com | Jeannine Amodeo |Rachel Graf |Gowri Gurumurthy
Less than two months after a heavily scaled down initial public offering, CoreWeave Inc. is in discussions to raise about $1.5 billion in debt, according to a person with knowledge of the matter. The potential offering is expected to be in high-yield bonds and led by JPMorgan Chase & Co., according to a different person.
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4 weeks ago | 
bloomberg.com | Jeannine Amodeo |Rachel Graf |Gowri Gurumurthy
CoreWeave signage during the company's IPO at the Nasdaq MarketSite in New York on March 28. (Bloomberg) -- Less than two months after a heavily scaled down initial public offering, CoreWeave Inc. is in discussions to raise about $1.5 billion in debt, according to a person with knowledge of the matter. The potential offering is expected to be in high-yield bonds and led by JPMorgan Chase & Co., according to a different person.
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4 weeks ago | 
news.bloomberglaw.com | Gowri Gurumurthy |Rachel Graf
A group of banks led by Deutsche Bank AGadded further sweeteners to a $4.3 billion junk-debt sale to support Apollo Global Management Inc.’s buyout of a suite of gaming and gambling products as the deal struggled to attract demand. Yields were hiked Thursday on both parts of the financing backing the purchase of International Game Technology Plc’s gaming division and the gambling machines company Everi Holdings Inc. by the buyout firm, according to people with knowledge of the matter.
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1 month ago | 
news.bloombergtax.com | Aaron Weinman |Gowri Gurumurthy
Wall Street banks have finally gotten rid of Twitter. A group of banks led by Morgan Stanley sold the last piece of debt tied to Elon Musk’s social-media platform, now known as X Holdings Corp., which cost $44 billion, including $13 billion of debt. The banks were able to sell the final slug on Monday, a $1.23 billion portion that saw huge demand. The lenders had been stuck with the about $13 billion of debt since Musk’s acquisition in 2022.
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1 month ago | 
bloomberg.com | Aaron Weinman |Gowri Gurumurthy
Morgan Stanley advised Elon Musk on his Twitter purchase, led the financing and held the biggest portion of debt out of the seven banks that participated. (Bloomberg) -- Wall Street banks have finally gotten Twitter’s buyout debt off their balance sheets. A group of banks led by Morgan Stanley sold the last piece of debt tied to Elon Musk’s social-media platform, now known as X Holdings Corp., which cost $44 billion, including $13 billion of debt.
