Market Chatter: Goldman Sachs Deepens Discount on Loan Backing DuPont's Aramids Deal

MT Newswires Live03-05

Goldman Sachs (GS) has further reduced the price on a downsized $1.25 billion financing tied to Arclin's acquisition of DuPont de Nemours' (DD) Aramids unit, Bloomberg reported Wednesday, citing a person familiar with the matter.

The term loan B is now being offered at a discounted price of 92 cents on the dollar, compared with the range of 93 cents to 94 cents disclosed on Feb. 27, the report said.

Goldman Sachs did not immediately respond to a request for comment from MT Newswires

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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