Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada Headlines News

Canada Latest News,Canada Headlines

A joint venture tied to a Pacific Investment Management Co. fund surrendered a portfolio of 20 hotels with a $240 million mortgage.

Glen Point Trial Reveals Morgan Stanley Tried To Buy Back OptionWall Street in ‘Wait and See’ Mode as Middle East Crisis Goes OnTrump Appeals Gag Order Barring Attacks on Witnesses in DC CaseBankrupt Rite Aid Settles With Drug Supplier McKesson to Avoid ShortagesLiberia’s President Heads for a Runoff Election After Failing to Secure Enough VotesHome-Decor Retailer Z Gallerie Files Third Bankruptcy, Seeks SaleCorporate America Races to Beat IPO Clock With Shutdown LoomingEnvironmentalist Who Led...

8 Billion Takeover Offer from Choice HotelsRBA Weighed Interest-Rate Hike, Saw Case to Pause as ‘Stronger’Country Garden, Evergrande Set Up Two Tense Weeks for CreditorsBofA Poll Shows Bearish Investors Flock to Cash, Sour on EconomyIsrael Latest: Biden Plans Mideast Trip in Drive to Contain WarChesapeake Considers Acquisition of Rival Southwestern EnergyUnited Air Forecasts Profit Miss on High Fuel Costs, Israeli WarGlen Point Trial Reveals Morgan Stanley Tried To Buy Back OptionAustralian LNG...

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pilot walks away from helicopter crash-landing with minimal injuries, says Collingwood OPPShortly before 10:00 a.m., provincial police along with the Collingwood Fire Department and EMS responded to reports of a helicopter crash near Mariners Haven in Collingwood.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Saudi Wealth Fund Plans Debut Sukuk Just as Mideast Tension HighSaudi Arabia’s sovereign wealth fund is planning to sell a debut Islamic dollar bond at a time of elevated tensions in the Middle East.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Exclusive-Activist hedge fund Trian targets insurer Allstate-sourcesExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

B.C. pension fund manager part of US$3.1B acquisition deal for Consolidated CommunicationsProposal to buy the broadband and fibre provider was first made public in April
Source: PGCitizen - 🏆 65. / 51 Read more »

B.C. pension fund manager part of US$3.1B acquisition deal for Consolidated CommunicationsProposal to buy the broadband and fibre provider was first made public in April
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Exclusive-Activist hedge fund Trian targets insurer Allstate-sourcesNelson Peltz's activist hedge fund Trian Fund Management has built a stake in Allstate Corp, one of the insurers struggling to cope with the fallout of...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »