Wednesday, December 2, 2015

Banks Get Crisis-Era Protections on Loans Backing Dell-EMC Buyout

Wall Street banks squeezed an unusual concession out of Michael Dell when they agreed to finance his acquisition of EMC Corp.: They will be able to sell loans backing the deal at yields as high as 12%, said people familiar with the terms.

from WSJ.com: US Business http://ift.tt/1Q1qtJo
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