McAfee Brings $3.3bn of Junk Bonds to Finance Buyout

McAfee Brings $3.3bn of Junk Bonds to Finance Buyout

McAfee Corp. came forward with a $3.3bn two-part bond deal to help finance its leveraged buyout by a group of private equity firms, according to people with knowledge of the matter. The cybersecurity software maker is selling $1 billion of seven-year secured notes and...
Crypto exchange FTX valued at $32bn as SoftBank invests

Crypto exchange FTX valued at $32bn as SoftBank invests

Major cryptocurrency exchange FTX raised $400m from investors including SoftBank at a valuation of $32bn, it said on Monday, making the platform one of the most valuable start-ups in the fast-growing digital currency sector. The funding round also included investments...