Companies Rush to US Loan Market to Cut Costs, Fund Deals

TREE NEWS reports: At least seven firms launched loan repricing pitches on Tuesday, as borrowers return after the summer lull, including Global Medical Response Inc.’s $2.9 billion offering and Heartland Dental LLC’s $2.5 billion deal. Companies are tapping strong investor demand for high-risk financing amid limited new supply due to scarce M&A. Leveraged loan funds saw their largest inflows since January in the week to last Wednesday.