Business
Avaya’s compact debt deal has attracted Goldman’s clients, JPMorgan
A $600 million debt deal Goldman Sachs Group Inc. and JP Morgan Chase & Co. recently arranged for Avaya Holdings Corp. got worse within a few weeks.
The two banks sold new loans and bonds to Avaya, a cloud communications company, in late June. Investors include Brigade Capital Management and Symphony Asset Management LLC, people familiar with the matter said.