Guggenheim Investments, led by Mark Walter, has informed lenders that its affiliates might purchase portions of a $1.18 billion loan from GIH Borrower LLC, due in 2033. The loan's value has dropped to 73 cents on the dollar, signaling distress amid ongoing investigations into Walter's business dealings. The probe focuses on loans from his insurers that were funneled into other parts of his financial empire.

This move could provide liquidity or signal confidence, but the loan's collapse reflects broader concerns.