Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.
haydenillh

Loan Sales Top $581.5 Billion In U.s., Exceeding 2007 Record

Forward Guidance Job One for Yellen, Clarida Says The Federal Reserves (FDTR) policy to keep interest rates near zero for a fifth year is spurring investors to buy riskier assets in order to boost returns. About 79 percent of so-called institutional loans have been used to extend maturities and reduce interest costs, Bloomberg data show. The loan markets been a very popular asset class this year, Michael Anderson, a strategist at Citigroup Inc. in New York, said in a telephone interview. Supply totals can quickly accumulate given the demand for loans and the ability for issuers to refinance at any time. Chicago-based publisher Tribune Co. got a $3.8 billion term loan this week to support its acquisition of television stations and to refinance debt, while Hilton Worldwide Finance LLC, the biggest hotel chain in the world, obtained a $7.6 billion term piece last month http://www.bloomberg.com/news/2013-11-21/sometimes-goldman-loses-money.html to support a refinancing, Bloomberg data show. Clear Channel Communications Inc., the radio and outdoor advertising company bought by Bain Capital Partners LLC and Thomas H.

Don't be the product, buy the product!

Schweinderl