LBO shops offering credit get best of both worlds

LBO shops offering credit get best of both worlds - TheRealLSL -

Several debt deals have changed terms or been pulled from the market altogether, according to a Bloomberg story on March 17. Banks led by Royal Bank of Canada were stuck with $1.7 billion of loans for SS&C Technologies’ acquisition of Blue Prism.

A group of banks led by Bank of America had to offer a steep discount on a bond deal for industrial firm SPX Flow, according to a separate story from Bloomberg the same day, citing people familiar with the matter.FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Breakingviews /  🏆 470. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lil Durk's '7220' Is a Chill But Harrowing Trip Down Memory LaneChicago drill rap star Lil Durk’s ‘7220’ is a chill but harrowing trip down memory lane.
Read more »

Ask Amy: “Best of” column gets to the meat of the matterDear Readers: Every year I step away from my column for two weeks to work on other creative projects. (Anyone interested in my non-advicey personal essays and photographs can subscribe to my free n…
Read more »

The Best New Beauty Launches of 2022: From Lip Masks to PrimersWhether you’re on the hunt for skincare that’s going to revolutionize your routine or makeup that’ll up your glam game, we’ve got you covered. ✨
Read more »

The best turntables under $500 of 2022Our experts tell you exactly which are the best turntables under $500—learn what to look for and what to avoid when you shop with PopSci!
Read more »

Equifax, TransUnion and Experian will soon stop counting medical debt in credit reports --- now, for the bad newsAdvocates say the people who will remain stuck with medical debt on their credit reports are likely going to be those who were already the most financially vulnerable.
Read more »

World Happiness Report reveals the US has gotten happier in 2022The US was ranked at 16th place this year, up from 19th place in 2021.
Read more »