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Lenders Vie for Yellow Loan; Consumer in Focus

Lenders Vie for Yellow Loan; Consumer in Focus

The Credit Edge by Bloomberg Intelligence · Bloomberg

August 10, 202329m 35s

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Show Notes

Yellow — the bankrupt trucking firm — is deciding between competing financing packages from lenders including Apollo, Bloomberg News’ Amelia Pollard says. The company owes the US government more than $700 million from a pandemic-era loan. Also on this episode of the Credit Edge podcast, Bloomberg News corporate finance reporter Olivia Raimonde chats with Bloomberg Intelligence analyst Julie Hung about M&A in the consumer sector. Hung walks us through recent credit downgrades in the industry.

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