❌

Lese-Ansicht

Chobani Raises $800 Million as Part of Effort to Refinance Debt

Chobani sold an $800 million junk bond Thursday as the yogurt maker redeems debt due in 2029.

Chobani LLC brand greek yogurt is displayed for sale inside an Albertsons Cos. Vons grocery store in San Diego, California, U.S. on Monday, June 22, 2020. Existing shareholders of Albertsons Cos., including Cerberus Capital Management, are seeking as much as $1.3 billion in its U.S. initial public offering, as grocery remains of the the few businesses to get a boost from the pandemic. Photographer: Bing Guan/Bloomberg
  •  

Janus Henderson Boosts Loan, Scraps Junk Bond Tied to Buyout

Banks led by JPMorgan Chase & Co. boosted a junk loan to support the purchase of Janus Henderson Group Plc by Nelson Peltz’s Trian Fund Management and General Catalyst to $2.6 billion after scrapping a planned bond sale amid volatile markets.

The website of asset management company Janus Henderson Group Plc arranged in front of the company’s logo. Photographer: Timon Schneider/SOPA Images/AP
  •  

Banks Shed $22 Billion of Buyout Debt After Record EA Deal

Wall Street banks started the week with nearly $30 billion of buyout junk debt to offload amid the most volatile markets in months. They are now done with the bulk of it.

The Tegna Inc. headquarters stands in McLean, Virginia, U.S., on Friday, July 24, 2015. Formerly Gannett Co. Inc. before a June 29 spinoff, Tegna Inc.'s broadcasting and digital business includes 46 television stations and websites including Cars.com and CareerBuilder.com.
  •  

Electronic Arts $15 Billion Debt Sale Draws $25 Billion Demand

Electronic Arts Inc. has attracted about $25 billion of demand from investors for a nearly $15 billion debt offering to fund a buyout of the company, a sign of increased interest from buyers as banks navigate volatile markets to offload debt tied to acquisitions.

Signage at Electronic Arts Inc. (EA) offices in Austin, Texas, US, on Monday, Sept. 29, 2025. Electronic Arts Inc. agreed to sell itself to Saudi Arabia's sovereign wealth fund and a pair of private equity firms in a deal that values the company at about $55 billion, marking the largest leveraged buyout on record. Photographer: Kaylee Greenlee/Bloomberg
  •  

JPMorgan Halts Qualtrics $5.3 Billion Debt on Software Pain

A group of banks led by JPMorgan Chase & Co. halted a $5.3 billion debt deal for software firm Qualtrics International Inc. after failing to win over investors amid deepening anxiety surrounding artificial intelligence disruption.

The JPMorgan Chase & Co. global headquarters building in New York, US, on Tuesday, Jan. 20, 2026. President Donald Trump railed against JPMorgan Chase & Co. and its leader Jamie Dimon, threatening to sue the banking giant over his claim that he was debanked after the Jan. 6, 2021, Capitol riot. Photographer: Michael Nagle/Bloomberg
  •  

JPMorgan Tees Up EA Debt Sale as Iran War Shakes Credit Markets

As JPMorgan Chase & Co. kicked off investor discussions this week over the $20 billion financing for Electronic Arts Inc., nervousness around a protracted war in the Middle East cast a shadow over the largest ever debt sale for a leveraged buyout.

JPMorgan Chase & Co Photographer: Scott Eells/Bloomberg
  •  

JPMorgan Shifts More of EA Buyout Financing Toward Junk Bonds

JPMorgan Chase & Co. is shifting more of the debt financing for the record leveraged buyout of Electronic Arts Inc. toward junk bonds, according to people with knowledge of the matter.

Signage at Electronic Arts Inc. (EA) offices in Austin, Texas, US, on Monday, Sept. 29, 2025. Electronic Arts Inc. agreed to sell itself to Saudi Arabia's sovereign wealth fund and a pair of private equity firms in a deal that values the company at about $55 billion, marking the largest leveraged buyout on record. Photographer: Kaylee Greenlee/Bloomberg
  •  

EA Fails to Win Bondholder Support for Buyback by Key Deadline

Electronic Arts Inc. hasn’t yet gained enough support from bondholders to buy back bonds at a steep discount to face value and to change some lending terms, after a key deadline for that agreement passed this week, according to firms that plan to acquire the company.

Electronic Arts Inc. (EA) signage is displayed as attendees wait in line for the company's event ahead of the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Saturday, June 8, 2019. EA, creator of a Star Wars line of video games, showed off two of its newest titles, illustrating how the industry is wrestling to compete with the runaway success of Fortnite. Photographer: Patrick T. Fallon/Bloomberg
  •  
❌