REIT Conversion Won’t Save Caesars, Fitch Says

Caesars disclosed last week that it discussed plans with creditors to turn one of its biggest units into a real estate investment trust. The plan's disclosure came after two key lien holders reportedly walked away from the table.

Sign up today for access to member-only content -- unique and timely industry insight that only Leveraged Finance News can deliver.
  • one-month trial subscription
  • Free e-newsletters
  • Latest market data and statistics

Latest News

Varsity Brands Launches $1.21B Buyout Loan

– Varsity Brands Holding Co. is shopping $1.21 billion in loans for fund the proposed buyout of the former Herff Jones Inc., a market leader for school-affinity products like cheerleader uniforms, yearbooks, and class rings.

Wells Fargo's Forecast for CLO Issuance in 2015: $90B

– Wells Fargo expects Issuance of collateralized loan obligations is to moderate in 2015, to $90 billion; that compared with $105 billion in the first 10 months of 2014.

ION Media Completes $150M TL Add-On

– Broadcast and cable network operator ION Media Networks finalized a $150 million term loan add-on Tuesday that will be used toward funding a shareholder dividend.

LSTA Challenges 'Arbitrary' Risk Retention Rule in Court

– The Loan Syndications and Trading Association filed a petition against the Federal Reserve Board and Securities and Exchange Commission, asking a D.C. Court of Appeals to suspend the final risk retention rule approved by regulators last month.

LFN People Database

Exclusive data on top players in capital markets

Jeremy VanDerMeid

Managing Director

Firm: Monroe Capital

Search the People Database

Data Snapshot