Sammons Distances Itself From Guggenheim in Call With Lenders

Sammons Financial Group reiterated to lenders that it has some distance from Mark Walter’s Guggenheim Partners, after a report last week focusing on the longstanding ties between the firms hit...

By Alexandre Rajbhandari and Paula Seligson · Bloomberg Markets

Sammons Financial Group reiterated to lenders that it has some distance from Mark Walter’s Guggenheim Partners, after a report last week focusing on the longstanding ties between the firms hit the value of the life insurer’s bonds.