Mativ Holdings Prices $500 Million Junk Loan at Steep Discount

Banks led by JPMorgan Chase & Co. have sold a $500 million leveraged loan for Mativ Holdings Inc. at one of the biggest discounts so far this year, as investor...

By John McCrank · Bloomberg Markets

Banks led by JPMorgan Chase & Co. have sold a $500 million leveraged loan for Mativ Holdings Inc. at one of the biggest discounts so far this year, as investor demand for risky debt wanes amid volatile markets.