Guggenheim Investments Says Affiliates May Buy Its Hard-Hit Loan

Guggenheim Investments, the asset-management division of Guggenheim Partners led by Mark Walter, has informed lenders that its affiliates might purchase parts of a loan. This loan was issued by the firm's own financing entity. The move comes after the value of the debt experienced a significant collapse in recent weeks, leading to discounted pricing. The company is now exploring these internal acquisitions to manage the hard-hit loan following the recent decline in its market value.