Deutsche in last-gasp effort at Trump junk bond sale

Deutsche Bank is making a last-ditch attempt to complete the $470m (€510m) junk bond offering for celebrity casino owner Donald Trump in the face of resistance from investors.

Trump Casinos, headed by Trump, and Deutsche have been trying to drum up investor support throughout the week for the proposed offering, which has been dogged by problems ever since it was announced in late April. If the deal does not get done Friday it might be cancelled.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire