Brookfield Could Pull $600 Million From HomeServe in Debt Deal
HomeServe is exploring a potential $1.8 billion asset-backed financing that could return $600 million to its owner, Brookfield.
HomeServe is borrowing money using its assets as proof it can pay it back, and might give $600 million to its owner, Brookfield. This shows the company thinks it has valuable things and wants to move money around, which is normal business but worth watching to see if the company stays healthy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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