Topps Debt Rating Downgraded on Loss of MLB Deal, SPAC Shutdown
The credit rating of trading card giant Topps Co. has been pushed deeper into junk bond territory as last week’s loss of Major League Baseball’s license for cards…
Bonds
Legends Hospitality Taps Bond Market as Sixth Street Takes Control
Legends Hospitality seeks to raise as much as $500 million in a credit facility and notes to help the firm wait out the severe disruption to live events caused by…
Steve Cohen Billions Mean Citi Field Bonds May See Ratings Hike
Steve Cohen’s recent purchase of the New York Mets is not only heartening to fans, it’s pleasing the bond market too. More than $593 million in outstanding bonds used to…
Michigan State Issues $91.4 Million in New Bonds to Refinance Nassar Settlement Debt
Michigan State University is refinancing the roughly $90 million of debt left on the original bonds it issued to settle the lawsuits associated with former athletics…
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