Banks commit to new deals despite volatility and hung debt risk
- Yiwen Lu
- +Dan Mika
- + 1 more
Tariff-related volatility may have slowed deal flow in the leveraged finance primary market, but it hasn’t stopped banks from underwriting a handful of debt financings for new acquisition and buyout processes.
Transactions in the pipeline include a $625m bridge loan via Bank of America to support StoneX’s acquisition of brokerage firm R.J. O’Brien & Associates, in addition to reported committed financing from Jefferies and UBS for Bain Capital’s buyout of Sizzling Platter.