Reported about 10 hours ago
A Deutsche Bank-led consortium is attempting to offload a $700 million term loan linked to the acquisition of the protein bar brand FitCrunch. Having failed to sell a larger loan before the acquisition's closing on November 1, the group has now initiated a sale at a significant discount. With added lender safeguards, the new loan sale aims to attract investor interest amidst a record year for leveraged loans.
Source: YAHOO