CoreLogic weighs sweeter terms on $5.3 billion debt deal after weak demand

The reported move suggests investors are pushing back on the original financing package, forcing the issuer to consider more attractive pricing or protections to complete the sale.

Summary

CoreLogic is reportedly considering sweeter terms on its $5.3 billion debt deal after weak investor demand. The development indicates the market did not accept the initial structure, and issuers in that position often have to improve pricing, covenants, or other protections to draw enough buyers and get a transaction over the line.

Terms & Concepts