After meeting serious market resistance, Salomon Smith Barney Inc. is restructuring a $2.25 billion syndicated loan it is leading for Meditrust Corp., a health-care real estate investment trust.

The restructuring, which would involve new pricing and commitment levels, is expected early next week but could come as early as today, sources said. The investment bank is redoing the deal so it can avoid having to fund a sizable portion of the loan.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.