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Bankers boost size of Worldpay buyout debt on investor demand

Bankers boost size of Worldpay buyout debt on investor demand
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Bankers Boost Size of Worldpay Buyout Debt on Investor Demand

(Bloomberg) Banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. sold $8.64 billion of debt to fund the partial leveraged buyout of Worldpay Inc., boosting the size of the offering in a sign of growing investor demand for LBO debt. Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners Cha ....

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Large LBO bond sales could prompt September US junk debt rush

A successful sale of debt backing
several large leveraged buyouts being sounded to
investors is expected to spark a rush of new junk-bond supply
this month from companies looking to fund acquisitions. ....

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