ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

AEL American Equity Investment Life Holding Company

56.16
0.00 (0.00%)
Pre Market
Last Updated: 14:29:19
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Equity Investment Life Holding Company NYSE:AEL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 56.16 0 14:29:19

Silvercrest, Goldman Sachs Among Backers of Eagle Bankruptcy

18/01/2022 11:25pm

Dow Jones News


American Equity Investme... (NYSE:AEL)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more American Equity Investme... Charts.

By Becky Yerak

 

Silvercrest Asset Management, Goldman Sachs Asset Management and American Equity Investment Life Insurance are among the bondholders backing the bankruptcy restructuring of Eagle Senior Living.

The nonprofit continuing-care community operator, which has 600 employees at 15 facilities, sought protection from creditors Friday with a proposed restructuring agreement in hand.

The three investment firms hold or advise funds with secured bonds with principal amounts totaling $135.6 million. Eagle Senior Living owes $252.9 million to creditors, mostly municipal bond holders. The pandemic has increased its costs, such as adding staffing hours to take residents' temperatures three times a day.

 

Write to Becky Yerak at becky.yerak@wsj.com

 

(END) Dow Jones Newswires

January 18, 2022 18:10 ET (23:10 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year American Equity Investme... Chart

1 Year American Equity Investme... Chart

1 Month American Equity Investme... Chart

1 Month American Equity Investme... Chart

Your Recent History

Delayed Upgrade Clock