JPMorgan, Goldman Line up $9B of Debt for Worldpay Buyout

JPMorgan, Goldman Line up $9B of Debt for Worldpay Buyout

Assessment

Interactive Video

Business

University

Hard

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The video discusses a significant financial deal where banks are backing GTCR's acquisition of World Pay, valued at $18.5 billion. World Pay, previously acquired by FIS for $41 billion, has faced challenges in the competitive market. The deal is seen as a positive sign for Wall Street, with banks eager to syndicate the debt. This move is compared to the Twitter deal, highlighting a potential recovery in deal-making activities.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the WorldPay deal compare to the previous Twitter deal in terms of bank enthusiasm?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of the WorldPay deal on Wall Street's deal-making environment?

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