What was the initial market reaction to the $22 billion payment processing deal?
First Data Bonds Soar on Junk Exit

Interactive Video
•
Business
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
No change in First Data bonds
A fall in Fiserv stocks
A rise in First Data bonds
A decline in First Data bonds
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant financial aspect of First Data before the deal?
It was a new company
It had over $17 billion in debt
It was debt-free
It had no debt
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is expected to happen to First Data's debt after the deal?
It will be written off
It will be refinanced as investment grade
It will remain as junk
It will double
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the bond prices react to the announcement of the deal?
They plummeted
They remained stable
They decreased slightly
They surged to high levels
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential impact does the deal have on the US high yield bond market?
It has no impact
It could be a negative sign
It will cause instability
It could be a positive sign
Similar Resources on Quizizz
6 questions
Burning Issues: Loan-Market Frenzy, Blackstone's Record Fundraising & Distressed Debt

Interactive video
•
University
3 questions
Private Credit Volume Looks 'Robust,' CDPQ's Marquis Says

Interactive video
•
University
6 questions
Wall Street Braces for $15 Billion Wave of LBO Debt

Interactive video
•
University
6 questions
Wall Street's Leveraged-Debt Machine Breaks Down

Interactive video
•
University
3 questions
First Data Bonds Soar on Junk Exit

Interactive video
•
University
6 questions
Goldman's Himmelberg Says Leveraged Finance Market Is Robust

Interactive video
•
University
6 questions
Scott Sperling: Return of a 'Robust' LBO Debt Market

Interactive video
•
University
3 questions
Scott Sperling: Return of a 'Robust' LBO Debt Market

Interactive video
•
University
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
20 questions
Math Review - Grade 6

Quiz
•
6th Grade
20 questions
math review

Quiz
•
4th Grade
5 questions
capitalization in sentences

Quiz
•
5th - 8th Grade
10 questions
Juneteenth History and Significance

Interactive video
•
5th - 8th Grade
15 questions
Adding and Subtracting Fractions

Quiz
•
5th Grade
10 questions
R2H Day One Internship Expectation Review Guidelines

Quiz
•
Professional Development
12 questions
Dividing Fractions

Quiz
•
6th Grade