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.