What Happens When Banks Are Feeling Lending Constraints

Routine revolver refinancing becomes an ordeal as bank capital tightens.

By Paula Seligson | November 07, 2022 at 12:15 PM

Photo: The 8th + Hope luxury apartment building in downtown Los Angeles on January 5, 2022. Photographer: Bing Guan/Bloomberg

Equity Residential, one of the biggest apartment landlords in the United States, normally finds refinancing its bank loans to be easy. This year, it was a longer journey.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
Educational webcasts, white papers, and ebooks from industry thought leaders
Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

NOT FOR REPRINT

Corporate Borrowing & Debt

News

1 Fed Lowers Interest Rates by a Quarter Point

2 Fabricating a Treasury Function from Scratch to Support an $18 Billion Business

3 U.S.–Euro Rates Gap Is Set to Widen Again

4 Subway Builds a Fast, Fresh Approach to Treasury

5 Tariff Inflation Will Likely Be Transitory

Insurance
Complex Claims & Litigation Forum 2025
February 24, 2025 - Las Vegas

This conference aims to help insurers and litigators better manage complex claims and litigation.
More Information
GlobeSt. Multifamily Spring 2025
April 01, 2025 - New York

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
GlobeSt. Net Lease Spring 2025
April 01, 2025 - New York

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.
More Information

Boeing Would Be Biggest Ever U.S. 'Fallen Angel' If Cut to Junk

By Caleb Mutua | October 14, 2024

S&P and Moody's are both considering downgrading the planemaker to junk. If they do, much of Boeing's $52 billion in outstanding long-term debt would be ineligible for inclusion in investment-grade indexes.

Boeing Would Be Biggest Ever U.S. 'Fallen Angel' If Cut to Junk

U.S. Companies Raising Billions in Debt Markets After Rate Cut

By Olivia Raimonde & Michael Tobin | September 23, 2024

The average yield in the U.S. investment-grade and high-yield bond markets fell following the Fed's move, making borrowing more attractive for issuers.

U.S. Companies Raising Billions in Debt Markets After Rate Cut

Why Companies Are Racing to the U.S. Debt Market

By Caleb Mutua & Jeannine Amodeo | September 09, 2024

Borrowing costs have become compelling, as markets are already pricing in expectations for reduced interest rates. And several external factors could reverse that trend.

Why Companies Are Racing to the U.S. Debt Market

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now

Instant Insights /