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Published on 10/1/2014 in the Prospect News Bank Loan Daily.

TIAA-CREF repays all $3.1 billion of Nuveen loans after acquisition

By Tali Rackner

Norfolk, Va., Oct. 1 – TIAA-CREF announced that in connection with its acquisition of Nuveen Investments it has repaid all $3.1 billion of Nuveen’s outstanding term loans, according to a press release.

The transaction was financed using a combination of debt and equity.

Charlotte, N.C.-based TIAA-CREF, a financial services organization, focuses on retirement services in the academic, research, medical and cultural fields.


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