Latest news with #private loan
Bloomberg
7 days ago
- Business
- Bloomberg
Tower Firm EdgePoint Seeks $475 Million Loan for Investor Payout
Southeast Asia telecom tower operator EdgePoint Infrastructure is seeking a $475 million private loan to fund a dividend payout, according to people familiar with the matter, adding to a slew of similar deals that have erupted globally in recent months. AMC Capital, a Hong Kong-based financial adviser representing EdgePoint, has approached private credit funds and banks to gauge their interest in the loan, the people said, who asked not to be identified discussing private matters.
Bloomberg
28-07-2025
- Business
- Bloomberg
Brown Secures $500 Million Loan After Warning of Financial Issues
Brown University took out another private loan, securing a $500 million agreement after the Ivy League school warned of 'deep financial challenges.' The five-year loan with an unidentified lender carries a 4.44% interest rate which will be paid monthly, according to a securities filing on Friday. The deal comes after Brown entered into a lending agreement for $300 million in April. A number of universities have utilized the capital markets for financing as the Trump administration targets federal funding for higher-education institutions.
