UBS-Led Group Funds Echo Global Debt as Investor Talks Pause

A logo at a UBS Group AG bank branch in Zurich.

Photographer: Pascal Mora/Bloomberg

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By Aaron Weinman and Michelle Cheng

April 8, 2026 at 10:14 PM UTC

A lender group led by UBS Group AG has financed the tie-up of two logistics firms after pausing early talks to offload the debt to investors amid market volatility.

UBS had led initial meetings with investors to sell the $765 million loan supporting TJC-backed Echo Global Logistics’ acquisition of ITS Logistics, but market turbulence led the bank group to pause the early talks, according to people familiar with the matter.