Smart & Final changes on US$340m loan could mean losses for banks
June 18, 2019 at 13:54 PM EDT
NEW YORK, June 18 (LPC) - A US$340m term loan backing Apollo Global Management’s purchase of supermarket chain Smart & Final priced on Tuesday morning but not before lead banks added a series of changes to the loan after failing to attract enough investors under the original terms, sources said.
