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29

Credit Suisse Is Seeking Withdrawal From Debt Deal With Owner of National Enquirer

By Tony Seruga

Credit Suisse is having second thoughts about doing business with the owner of the National Enquirer, which is at the center of a scandal involving hush-money payments in 2016 to women who had affairs with Donald Trump.

The Swiss bank was planning to lead a deal to help American Media Inc.refinance about $425 million of debt, according to people with knowledge of the matter. But amid a flurry of negative headlines tied to the publisher, Credit Suisse is seeking to back out of arranging the debt for the company, the people said, asking not to be identified as the information isn’t public…

Credit Suisse Is Seeking Withdrawal From Debt Deal With Owner of National Enquirer

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