Sticker-shock derails opportunistic US loan deals, for now

Newswire

By Lynn Adler and Leela Parker June 28 (Reuters) - Market turbulence has prompted U.S. companies to shelve more than $14 billion in loans meant to slice borrowing costs or fund shareholder dividends, confining most issuance to borrowers with imminent financing needs. At least 15 of these opportunistic deals have been pulled since late-May, with more withdrawals likely, while issuers that have opted to forge ahead with their deals have been forced to sweeten ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×