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Market Chatter: Guggenheim Affiliates May Buy Distressed GIH Borrower Loan

Market Chatter: Guggenheim Affiliates May Buy Distressed GIH Borrower Loan

MT newswireMT newswire2026/08/25 22:44
06:44 PM EDT, 08/25/2026 (MT Newswires) -- Guggenheim Investments has told lenders that its affiliates may look to buy portions of the $1.18 billion GIH Borrower LLC loan due in 2031, after the debt's value collapsed in recent weeks, Bloomberg News reported Tuesday, citing people familiar with the matter. The asset manager described the loan as "an attractive investment opportunity" in a disclosure to lenders on Tuesday seen by Bloomberg. Guggenheim Investments or its affiliates may purchase the term loans from time to time in the open market, according to the disclosure, which followed a lender call last week, the report said. Any loans purchased are currently expected to be bought and held by an affiliate as an investment, rather than by GIH Borrower LLC for subsequent cancellation, the disclosure said, according to the report. Guggenheim Investments 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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