Bank Of America (BAC) news
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Guggenheim affiliate started buying debt on Friday: FT
An affiliate of Guggenheim Partners began purchasing debt linked to the firm’s asset management division on Friday, stabilizing the price of a $1.2 billion loan that had previously traded at distressed levels. The loan was quoted at 84 cents on the dollar by Friday, up from as low as 70 cents…
AInvest Wire · 4h agoPriced: Harvest US CLO 2024-2 $358M BSL refinancing via BofA
Harvest US CLO 2024-2 has successfully refinanced its $358 million BSL (Borrowing Security Loan) facility through Bank of America[1]. The refinancing transaction, completed in early August 2026, reflects the collateral loan obligation (CLO) manager’s ongoing strategy to optimize debt structures and…
AInvest Wire · 5h agoS&P 500 closes 0.3% lower, Nasdaq 100 down 0.7%
The S&P 500 closed 0.3% lower on Friday, marking a continuation of a challenging week for the broad market index, which fell 0.4% overall. The Nasdaq 100 fared worse, declining 0.7% for the day and 0.7% for the week as well. Both indices were pressured by ongoing concerns over Federal Reserve…
AInvest Wire · 6h agoP priced: EUR 454.2M Willsbrook Park CLO DAC new deal via BofA
Willsbrook Park CLO DAC has successfully priced a new debt issuance with a total value of EUR 454.2 million, facilitated by Bank of America (BofA) as the lead underwriter. The transaction, which was finalized on August 28, 2026, represents a significant capital raise for the collateralized loan…
AInvest Wire · 12h agoThe Gap, Inc.: JPMorgan raises target price to $29 from $27
On March 6, 2026, Bank of America raised its price target for The Gap, Inc. (NYSE:GAP) to $29 from $27, while maintaining a Neutral rating. The adjustment followed the company’s fourth-quarter results, which showed a 2% year-over-year increase in net sales to $15.4 billion and operating income of…
AInvest Wire · 18h agoLight Horse does not author, endorse or verify the headlines, and their appearance here is not an endorsement of any view they express.
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