JPMorgan, Goldman Line up $9B of Debt for Worldpay Buyout

The video discusses a significant financial deal where banks are backing GTCR's acquisition of World Pay, valued at $18.5 billion. World Pay, previously acquired by FIS for $41 billion, has faced challenges in the competitive market. The deal is seen as a positive sign for Wall Street, with banks eager to syndicate the debt. This move is compared to the Twitter deal, highlighting a potential recovery in deal-making activities.

Which banks are primarily backing the private equity firm GTCR in the World Pay deal?

• Morgan Stanley and Credit Suisse

• HSBC and Barclays

• Bank of America and Citibank

• JP Morgan and Goldman Sachs

What was the original acquisition cost of World Pay by FIS in 2019?

• $18.5 billion

• $41 billion

• $30 billion

• $25 billion

Who is the newly installed CEO of FIS trying to turn around the company's fortunes?

• Stephanie Ferris

• Jamie Dimon

• Lloyd Blankfein

• David Solomon

How does the World Pay deal compare to the Twitter deal in terms of bank enthusiasm?

• Banks are not involved in the World Pay deal

• Banks are more enthusiastic about the World Pay deal

• Banks are equally enthusiastic about both deals

• Banks are less enthusiastic about the World Pay deal

What is the potential broader impact of the World Pay deal on Wall Street?

• It signals a decline in deal-making activities

• It indicates a nascent recovery in deal-making

• It leads to a financial crisis

• It has no impact on Wall Street