Truist Insurance Wraps $6.1 Billion Bond, Loan Sale for LBO
(Bloomberg) — A group of debt arrangers led by Morgan Stanley and JPMorgan Chase & Co. priced $6.1 billion in high-yield bonds and leveraged loans to support Stone Point Capital and Clayton Dubilier & Rice’s acquisition of Truist Financial Corp.’s insurance business. Most Read from Bloomberg The group sold $3 billion in bonds Friday concurrently
