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Posted by
Two Blokes May 19, 2025 -
Filed in
Stock
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JPMorgan Chase & Co. reportedly launched a $500 million leveraged loan and plans to sell $2.3 billion in high-yield bonds to support Flutter Entertainment's purchase of Playtech's Italian gambling business called Snaitech. Flutter Entertainment, owner of FanDuel, tapped a bridge facility for the deal, which closed in late April, Bloomberg reported Monday (May 19).