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 from a spike in geopolitical tension and U.S. tariff noise. Now, with lenders spotting a brief window of calm, the dual-tranche bonddenominated in euros and dollarsis likely to launch next week.
Its a bold swing. Junk-debt markets had all but frozen, but a handful of oversubscribed deals in recent weeks have given underwriters just enough confidence…
