A buyout consortium led by
Blackstone sent a frisson through debt markets this week
as it took advantage of a booming appetite for bonds to push
through aggressive terms on financing for its leveraged buyout
of Merlin Entertainments.
Goldman Sachs said it had raised
its estimate on the probability of a Brexit deal to 65% from 60%
after Britain struck a new divorce agreement with the European
Union that still needs British parliamentary backing.
Foreigners turned net buyers of Japanese
stocks for the first time in three weeks on soaring expectations
that the United States and China will end their trade dispute
soon, as the two countries indicated some progress in their