Health Care Services Industry Financing: Potential Pitfalls Can be Costly

The health care services industry is booming with new facilities and innovative drugs developed to serve an aging population. Lenders may see opportunities for profit, but Glenn Prives points out pitfalls in this highly-regulated sector which could have the unprepared lender facing fines or criminal charges. Due diligence is key.

Deutsch, BofA Merrill Said to Lead Hilton $12B Refi

Reuters reported that Deutsche Bank and BofA Merrill were said to be leading refinancing discussions on a $12 billion debt package to refinance existing borrowings ahead of an IPO expected in the first half of 2014.