Tara Lachapelle, Columnist

Goldman's $8 Billion Debt Assist

Cheap financing is still greasing the wheels for large deals.

May 31, 2016 at 4:43 PM UTC

By Tara Lachapelle

Tara Lachapelle is a former Bloomberg Opinion columnist covering entertainment, telecommunications and deals.

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Great Plains Energy to Goldman Sachs: We want to buy our neighbor Westar Energy and to do it, we'd like to borrow $8 billion -- almost twice as much as our own market value. Can you make that work?

Goldman: Yup.