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Goldman Margin Loan Eased Nashville College’s Liquidity Crunch

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Goldman Margin Loan Eased Nashville College’s Liquidity Crunch Belmont University tapped Goldman Sachs Group Inc. for a margin loan this summer to raise cash, in a sign that even larger universities are facing budget strains. The Nashville-based institution, which has almost 9,000 undergrad and grad students, entered into a “margin loan agreement” in May against its unrestricted investment advisory accounts at Goldman, according to bond documents released in August.

Goldman Margin Loan Eased Nashville College’s Liquidity Crunch Belmont University tapped Goldman Sachs Group Inc. for a margin loan this summer to raise cash, in a sign that even larger universities are facing budget strains. The Nashville-based institution, which has almost 9,000 undergrad and grad students, entered into a “margin loan agreement” in May against its unrestricted investment advisory accounts at Goldman, according to bond documents released in August.
Goldman Margin Loan (ORG) Nashville College’s (ORG) Liquidity Crunch Goldman Margin Loan (ORG) Liquidity Crunch Belmont University (ORG) Goldman Sachs Group Inc. (ORG) Nashville (LOCATION) Goldman (ORG)
Originally published by Bloomberg Markets Read original →