Market Chatter: Guggenheim Affiliates May Buy Distressed GIH Borrower Loan
MT newswire2026/08/25 22:44Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
06:44 PM EDT, 08/25/2026 (MT Newswires) -- Guggenheim Investments has told lenders that its affiliates may look to buy portions of the $1.18 billion GIH Borrower LLC loan due in 2031, after the debt's value collapsed in recent weeks, Bloomberg News reported Tuesday, citing people familiar with the matter. The asset manager described the loan as "an attractive investment opportunity" in a disclosure to lenders on Tuesday seen by Bloomberg. Guggenheim Investments or its affiliates may purchase the term loans from time to time in the open market, according to the disclosure, which followed a lender call last week, the report said. Any loans purchased are currently expected to be bought and held by an affiliate as an investment, rather than by GIH Borrower LLC for subsequent cancellation, the disclosure said, according to the report. Guggenheim Investments did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Ripple (XRP) Announced It Will Release a Critical Update for the Future
BitcoinSistemi•2026/08/29 13:12
Top Analyst Warns XRP Holders Against This Trending End of the Year Prediction
TimesTabloid•2026/08/29 13:03
Dogecoin Posts August as Best-Performing Month of 2026
UToday•2026/08/29 12:33
Hyperliquid (HYPE) ETF Beats XRP ETF by 30% as Investors Aim for Larger Risk
UToday•2026/08/29 12:33

Crypto prices
MoreBitcoin
BTC
$77,667.29
-1.96%
Ethereum
ETH
$2,434.28
-2.64%
Tether USDt
USDT
$1.0000
-0.01%
BNB
BNB
$688.17
-2.30%
XRP
XRP
$1.39
-2.27%
USDC
USDC
$0.9999
-0.02%
Solana
SOL
$103.75
-1.17%
TRON
TRX
$0.3384
-0.77%
Hyperliquid
HYPE
$81.51
-2.98%
Dogecoin
DOGE
$0.08488
-2.15%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now