Goldman, Macquarie Sell 'American Idol' Loan at Highest Di...
02/15/12
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Goldman, Macquarie Sell 'American Idol' Loan at Highest Discount
BusinessWeek
The loan sale allows the banks to reduce their exposure to CKX after the company failed to sell $360 million in bonds in July to pay for the $509 million buyout by Leon Black's Apollo after credit markets weakened due to Europe's debt crisis.
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BusinessWeek
The loan sale allows the banks to reduce their exposure to CKX after the company failed to sell $360 million in bonds in July to pay for the $509 million buyout by Leon Black's Apollo after credit markets weakened due to Europe's debt crisis.