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Walter Investment +52% as Barclays boosts financing commitment

Published 09/19/2017, 06:46 PM
Updated 09/19/2017, 06:46 PM
© Reuters.  Walter Investment +52% as Barclays boosts financing commitment
  • Walter Investment Management (NYSEMKT:WAC) +52.3% AH after soaring 40% in regular trading on news it entered into a commitment letter with Barclays (LON:BARC), who has agreed to increase financing available to the company.
  • Barclays will provide WAC with an upsize of the facilities with a maximum $300M increase amount, which the company hopes will help ensure it has sufficient liquidity in the near-term.
  • Now read: THL Credit: 12% Yield Sustainable?


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