J. Crew Eyes Debt-Market Return Years After Upending Lending

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 50 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 63%

J. Crew ข่าว

Bloomberg,Secured Debt,Goldman Sachs

(Bloomberg) -- US retailer J. Crew is feeling out investor interest in refinancing a loan it used to exit bankruptcy four years ago, according to people with...

-- US retailer J. Crew is feeling out investor interest in refinancing a loan it used to exit bankruptcy four years ago, according to people with knowledge of the matter.Goldman Sachs is pre-marketing a term loan of about $400 million to refinance the debt, said the people, asking not to be named discussing private information. The deal could launch in September, the people added.

The bankruptcy exit facility that would be refinanced pays interest in-kind and isn’t due until 2027. Anchorage, GSO Capital Partners LP and Davidson Kempner Capital Management LP were among those who provided the debt. Tailored Brands, another US clothing retailer that failed during the pandemic, privately placed a $550 million term loan in February at 6.5 percentage points over the Secured Overnight Financing Rate and at a 3-cent discount to par. The proceeds went toward a share buyback.

It's been 25 years of SpongeBob SquarePants and now Carolyn Lawrence's character has a Netflix movie, Saving Bikini Bottom: The Sandy Cheeks Movie.We recently compiled the 7 Best Heavy Equipment and Industrial Machinery Stocks to Buy.In this article, we are going to take a look at Emerson Electric Co. against the other equipment and industrial machinery stocks. Heavy equipment and industrial machinery stocks aren’t for those investors who are fans of sharp growth.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 47. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

UBS Moves Into Debt Swap Market Pioneered by Credit Suisse(Bloomberg) -- UBS Group AG is working on its first-ever ESG debt swap, building on expertise it inherited from Credit Suisse after taking over the bank last...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Mutiny in the Bond Market as Billionaires Pick a Debt Fight(Bloomberg) -- It was only late last summer when telecoms billionaire Patrick Drahi was relying on the personal touch to soothe the frazzled nerves of his...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Global debt, market takeaways, CrowdStrike: Asking for a TrendToday's episode of Asking for a Trend, hosted by Josh Lipton, delves into global debt concerns, market movements, and the recent CrowdStrike (CRWD) update...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Gold market eyes $2,500 with $2,600 on deck - Pepperstone’s WestonThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
แหล่ง: KitcoNewsNOW - 🏆 13. / 78 อ่านเพิ่มเติม »

G7 government debt: the next market hot spot?Huge debt piles among the world's biggest economies are starting to unnerve financial markets again, as elections cloud the fiscal outlook. French bonds...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »