Delivery Hero Prices Reduced Loan at Big Discount Amid Struggles

Delivery Hero SE priced a downsized $1.4 billion loan at a much-bigger discount than initially planned, after the food-delivery platform struggled to attract investor demand in recent days amid market turmoil.

The JPMorgan Chase & Co.-led deal late Monday priced five percentage points above benchmark and was issued at a discounted price of 96.5 cents on the dollar, according to a person familiar with the matter who asked not to be identified. The price is the third-biggest discount of 2026, according to data compiled by Bloomberg.