Banks Ready €2.5 Billion Bond Sale For Flutter’s Italy Deal
Bank of America Corp. and Goldman Sachs Group Inc. are among lenders preparing to launch around €2.5 billion ($2.8 billion) of high-yield bonds next week, backing Flutter Entertainment Plc’s acquisition of Playtech Plc’s Italian gambling business.
The duo are leading the financing alongside Barclays Plc and JPMorgan Chase & Co., according to people familiar with the matter who asked not to be identified because the talks are private.