JPMorgan Tests Market With First Post-Tariff Hung Debt Sale

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.