Santander Lined Up to Help First Brands for Months Before Demise

BloombergMonday, October 20, 2025 at 8:51:39 PM
Santander Lined Up to Help First Brands for Months Before Demise
First Brands Group's attempt to refinance $6 billion in debt has hit a snag, as they had enlisted Banco Santander and Jefferies Financial Group to assist. However, concerns from investors led to the shelving of the deal. This situation highlights the challenges faced by companies in managing substantial debt, especially in uncertain economic times.
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