Guggenheim is linked to and affects Acrisure debt, dragging down the high-yield credit market
2026-08-30 03:31:20
According to CoinMeta, as reported by Bloomberg, the Guggenheim is linked to and affects the debt of Acrisure, dragging down the high-yield credit market. 2026 has already been quite challenging for Acrisure. As a company that operates in both fintech and insurance brokerage sectors, it announced at the end of May that it would lay off 11% of its staff, approximately 2,250 people, in order to carry out comprehensive reforms to modernize its operations. Although the prices of some of its bonds and loans have fallen, they are still higher than what are generally considered to be problematic levels.
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Source:Bloomberg
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