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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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