JPMorgan, Bank of America Dangle 14% Yield to Get Rid of Ris

JPMorgan, Bank of America Dangle 14% Yield to Get Rid of Risky M&A Debt

(Bloomberg) -- Wall Street bankers are dangling one of the steepest discounts in recent memory to bond investors as they look to offload billions of dollars of debt that’s been stuck on their books for months.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish

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