Brookfield Tests Market for Debt Deals Halted by Trade Strife
The thaw spreading across credit markets on a reprieve from US-China trade tensions has lured back at least one borrower, Brookfield Properties Retail, as it greenlights two debt sales shelved in April.
The property manager revived a combined $3.2 billion in debt sales this week, a little over a month after President Donald Trump’s tariff blitz froze new deals. Debt markets have since rebounded as Trump walked back some of his levies, prompting strategists and economists to brighten their economic outlooks and some borrowers to return.