JP Morgan To Offer $2B In Notes

摩根大通(JP Morgan Chase)is seeking to raise around $2 billion in a sale of bonds,The Wall Street Journalreports. The notes, with an interest rate of 4.25%, are due to mature on Oct. 15, 2020.

Price guidance on the deal is nearly 1.50% points over comparable government debt. JP Morgan itself will be the sole lead book-runner for the deal.

Click here for the story fromThe Wall Street Journal.