Janus $2 Billion Leveraged Loan Sale Joins LBO Wave

JPMorgan Chase & Co. is leading a push by Wall Street banks to offload risky loans for acquisitions. The latest is a $2 billion debt sale to finance the purchase of Janus Henderson Group Plc by Nelson Peltz’s Trian Fund Management and General Catalyst, which are locked in a bidding war to buy the asset manager with Victory Capital.

The bank will hold a call Tuesday to drum up demand for the deal.