Politics
CoreLogic in Talks to Sweeten Terms on Struggling Debt Sale
Key Points
CoreLogic in Talks to Sweeten Terms on Struggling Debt Sale CoreLogic Inc. is considering offering sweeter terms on at least a portion of its $5.3 billion debt deal after receiving lukewarm investor demand. The property data provider, which does business as Cotality, has discussed increasing the yield on its proposed first-lien bonds to as much as 9.5%, from the mid-8% area, according to people familiar with the matter.
CoreLogic in Talks to Sweeten Terms on Struggling Debt Sale
CoreLogic Inc. is considering offering sweeter terms on at least a portion of its $5.3 billion debt deal after receiving lukewarm investor demand.
The property data provider, which does business as Cotality, has discussed increasing the yield on its proposed first-lien bonds to as much as 9.5%, from the mid-8% area, according to people familiar with the matter.