Wall Street Revives $2.8B Junk Bond Deal to Fuel Flutter’s Gambling Empire
After weeks of staying sidelined, the bond market is rumbling back to life. Bank of America, Goldman Sachs, Barclays, and JPMorgan are dusting off a shelved 2.5 billion ($2.8 billion) high-yield bond sale to back Flutter Entertainments (NYSE:FLUT) acquisition of SnaitechPlaytechs Italian gambling business. The deal, originally set for April, was paused as markets reeled…