JPMorgan Makes Bold Push to Offload Huge LBO Debt

Jamie Dimon has been warning for weeks — months, even — that the credit cycle will eventually sour. Now, his bank is about to test investors’ appetites.

JPMorgan Chase & Co. is gearing up to help issuers sell billions of dollars in junk bonds and leveraged loans, with deals to fund the buyouts of Electronic Arts Inc. and Sealed Air Corp. poised to start next week. More merger and acquisition-driven transactions are in the works, including one for software firm Qualtrics International Inc. Those offerings alone total more than $30 billion in debt.