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Sotheby’s Enlists Goldman Sachs, JPMorgan to Refinance Debt

Summary by Bloomberg
Sotheby’s is in talks with investors regarding a deal to refinance some of its existing debt, according to people familiar with the matter.

2 Articles

The auction house, Sotheby’s, started negotiations with its different investors to reach an agreement to refinance their debt, this in order to stop the company’s losses. According to Bloomberg. The intention to refinance part of their debt, Sotheby’s recruited Goldman Sachs Group and JP Morgan firms to head possible transactions in the markets for junk bonds and leveraged loans, in the face of this leak, none of the companies involved have rele…

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Bloomberg broke the news in United States on Tuesday, October 7, 2025.
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