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Citadel, SeaWorld, Apollo Rush to Cut Borrowing Costs With Supply Low

(Bloomberg) Leveraged loan issuers are taking advantage of lackluster supply and strong investor demand at the start of the year to cut their borrowing costs on existing debt.Most Read from BloombergBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysChina Says It Caught Foreign Consultant Spying for UK’s MI6Citadel Securities is tapping the market Monday to reprice its $4.04 billion term loan due in six years, while SeaWorld

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Citadel, SeaWorld, Apollo Rush to Cut Borrowing Costs With Supply Low

Citadel, SeaWorld, Apollo Rush to Cut Borrowing Costs With Supply Low
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Brookfield-owned car battery maker Clarios files plans for U S IPO

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Uber rides a leveraged loan repricing spree to slash debt costs

Uber rides a leveraged loan repricing spree to slash debt costs Lara Wieczezynski, Bloomberg News A commuter uses the Uber Technologies Inc. app on a smartphone in view of a black cab waiting to pick up passengers in this arranged photograph in London, U.K., on Monday, Nov. 25, 2019. , Jason Alden/Bloomberg Uber Technologies Inc. has a US$1.5 billion leveraged loan due Friday, capitalizing on a market-sweeping repricing frenzy unleashed by low rates and robust investor demand. The ride-sharing companyâs transaction adds to a swelling tide of companies looking to pare down how much they pay on existing loans. Over 100 repricing deals have come forward so far this year, according to data compiled by Bloomberg. Thatâs already almost as many repricings launched in the entire year of 2020, the data show.

City ofUnited kingdomCitigroup andersonRefinitiv lipperMichael andersonAthenahealth incCitigroup incUber technologies incBlackstone group incUber technologiesClarios globalநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்சிட்டி குழுமம் ஆண்டர்சன்மைக்கேல் ஆண்டர்சன்சிட்டி குழுமம் இன்க்