LBO shops offering credit get best of both worlds

Several debt deals have changed terms or been pulled from the market altogether, according to a Bloomberg story on March 17. Banks led by Royal Bank of Canada were stuck with $1.7 billion of loans for SS&C Technologies’ acquisition of Blue Prism.

A group of banks led by Bank of America had to offer a steep discount on a bond deal for industrial firm SPX Flow, according to a separate story from Bloomberg the same day, citing people familiar with the matter.FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022.

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Equifax, TransUnion and Experian will soon stop counting medical debt in credit reports --- now, for the bad newsAdvocates say the people who will remain stuck with medical debt on their credit reports are likely going to be those who were already the most financially vulnerable.
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