MoneyGram Misses Deadline on $398 Million Leveraged Loan Deal [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Yahoo! Finance
(Bloomberg) -- MoneyGram International Inc. failed to convince lenders to slash its borrowing costs on a leveraged loan before a deadline Thursday, according to people with knowledge of the matter. Most Read from Bloomberg Singapore Air Changes Seatbelt Rules After Fatal Turbulence SpaceX Weighs Plan to Sell Shares at $200 Billion Valuation The Rise and Fall of Simon Sadler's Segantii, One of Asia's Most Successful Hedge Funds China's $538 Billion Deposit Exodus Supercharges Rally in Bonds Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes A group of banks led by Goldman Sachs Group Inc. is attempting to lower the interest rate margin on the company's $398 million loan maturing in 2030 to as low as 400 basis points over the benchmark rate, a different person with knowledge of the matter said last week. They also asked not to be identified discussing a private matter. The new loan is offered at 99.75 cents on the dollar. The current margin on the loan, which he
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Earnings
- 4/15/24 - Beat
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Sec Filings
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- 6/17/24 - Form 424B2
- GS's page on the SEC website