A planned $5.3bn debt issuance by Qualtrics International Inc has been put on hold by a group of banks led by JPMorgan Chase & Co, after early investor interest failed to materialise amid concerns over the company’s exposure to the software sector, according to a report by Bloomberg.
The report cites unnamed sources familiar with the matter as saying that leveraged loan and high-yield bond investors were hesitant to take on the new debt due to potential disruption from artificial intelligenc...
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