Jeannine Amodeo

1 week ago | bloomberg.com | Jeannine Amodeo |Carmen Arroyo |Aaron Weinman

An $885 million leveraged loan intended to refinance existing debt of Brookfield Properties Retail has been postponed until the market stabilizes more and investors can find common ground with the borrower on pricing, according to people with knowledge of the matter. Wells Fargo & Co., the bank leading the deal, had already sweetened pricing and extended the commitment deadline to Tuesday, Bloomberg News previously reported.

1 week ago | news.bloomberglaw.com | Jeannine Amodeo |Carmen Arroyo |Aaron Weinman

An $885 million leveraged loan intended to refinance existing debt of Brookfield Properties Retail has been postponed until the market stabilizes more and investors can find common ground with the borrower on pricing, according to people with knowledge of the matter. Wells Fargo & Co., the bank leading the deal, had already sweetened pricing and extended the commitment deadline to Tuesday, Bloomberg News previously reported.

1 week ago | news.bloombergtax.com | Jeannine Amodeo |Carmen Arroyo |Aaron Weinman

An $885 million leveraged loan intended to refinance existing debt of Brookfield Properties Retail has been postponed until the market stabilizes more and investors can find common ground with the borrower on pricing, according to people with knowledge of the matter. Wells Fargo & Co., the bank leading the deal, had already sweetened pricing and extended the commitment deadline to Tuesday, Bloomberg News previously reported.

1 week ago | news.bloombergtax.com | Gowri Gurumurthy |Jeannine Amodeo |Aaron Weinman

Lenders are now saddled with $2.2 billion in debt for an acquisition linked to a Canadian auto parts company, the first time Wall Street has been on the hook for a big financing package since the Trump administration triggered a global trade war less than two weeks ago. Typically, when a merger or acquisition is announced the companies involved immediately line up debt from banks, which then market it to investors in the leveraged loan and high-yield bond markets.

1 week ago | news.bloomberglaw.com | Gowri Gurumurthy |Jeannine Amodeo |Aaron Weinman

Lenders are now saddled with $2.2 billion in debt for an acquisition linked to a Canadian auto parts company, the first time Wall Street has been on the hook for a big financing package since the Trump administration triggered a global trade war less than two weeks ago. Typically, when a merger or acquisition is announced the companies involved immediately line up debt from banks, which then market it to investors in the leveraged loan and high-yield bond markets.