Dec. 23, 2022, 12:30 PM
Goldman Sachs is in discussions with investors about selling around $4 billion of subordinated debt that lenders backing the buyout of Citrix Systems have held for months. Risky companies shut out of the bond and loan markets and facing looming maturities are likely to turn to private credit for financing in the coming months.
- The spread on the Markit CDX North American Investment Grade Index, which declines as credit risk drops, tightened 0.57 basis points to 82.1 as of 7:19 a.m. New York time
- The timing of the
sale of what’s left of the financing for Citrix is dependent on …
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