Market Chatter: JPMorgan Plans Debt Deal for Qualtrics' Acquisition of Press Ganey

MT Newswires Live
02/21

JPMorgan Chase, (JPM) and a lender group is set to raise $5.3 billion in debt to fund Qualtrics International's acquisition of health-care survey firm Press Ganey Forsta, Bloomberg reported Friday, citing people familiar with the matter.

The financing package is expected to include a $3.3 billion leveraged loan in dollars and euros, along with $2 billion that could be sold in the high-yield bond market or to private credit firms, the report said.

JPMorgan and Qualtrics didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 310.70, Change: +2.65, Percent Change: +0.86

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