Jeannine Amodeo

2 weeks ago | news.bloomberglaw.com | Rachel Graf |Jeannine Amodeo

JPMorgan Chase & Co. has made the first attempt to sell buyout debt that got stuck on Wall Street balance sheets due to tariff turmoil. On Monday, the bank launched a $500 million leveraged loan to support FanDuel owner Flutter Entertainment Plc’s purchase of Playtech Plc’s Italian gambling business, according to people with knowledge of the deal. The bank also plans to sell $2.3 billion in high-yield bonds, according to the people, who were not authorized to speak publicly.

2 weeks ago | news.bloombergtax.com | Jeannine Amodeo |Sridhar Natarajan

JPMorgan Chase & Co.’s global head of leveraged finance is exiting the bank. Austin Garrison, a 23-year veteran of the New York-based firm who was also the head of the credit trading in North America, is leaving, according to a memo shared with staff. Brett Nunziata and Rikesh Patel will become co-heads of the global leveraged-finance business. Jake Pollack, who runs credit financing globally, will assume Garrison’s regional role in trading.

2 weeks ago | news.bloomberglaw.com | Jeannine Amodeo |Sridhar Natarajan

JPMorgan Chase & Co.’s global head of leveraged finance is exiting the bank. Austin Garrison, a 23-year veteran of the New York-based firm who was also the head of the credit trading in North America, is leaving, according to a memo shared with staff. Brett Nunziata and Rikesh Patel will become co-heads of the global leveraged-finance business. Jake Pollack, who runs credit financing globally, will assume Garrison’s regional role in trading.

2 weeks ago | bloomberg.com | Rachel Graf |Jeannine Amodeo

(Bloomberg) -- JPMorgan Chase & Co. has made the first attempt to sell buyout debt that got stuck on Wall Street balance sheets due to tariff turmoil. On Monday, the bank launched a $500 million leveraged loan to support FanDuel owner Flutter Entertainment Plc’s purchase of Playtech Plc’s Italian gambling business, according to people with knowledge of the deal. The bank also plans to sell $2.3 billion in high-yield bonds, according to the people, who were not authorized to speak publicly.

3 weeks ago | news.bloombergtax.com | Jeannine Amodeo

Goldman Sachs Group Inc. is leading a roughly $1.6 billion debt deal for Proofpoint Inc. that will in part fund the cybersecurity firm’s acquisition of Hornetsecurity, according to people familiar with the matter. The package includes a mix of debt that banks plan to syndicate to investors, as well as direct loans, said the people, who were not authorized to speak publicly.