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According to people familiar with the matter, Jane Street is negotiating a private equity loan deal with a group of investors. The deal would restructure the company's $11 billion debt and reduce the scope of its disclosure of financial information to market participants. People familiar with the matter said that the market making giant, which had trading revenue of 39.6 billion US dollars last year, is in talks with Pimco and many other companies on debt refinancing matters to transfer debt from the open market to a private equity instrument. One of the people familiar with the matter said that the total amount of the transaction may be as high as 15 billion US dollars and carried out in the form of private equity. It is expected that the terms will be finalized in the next few days, but details may still change. The deal will provide Jane Street with financial flexibility to invest in private companies and artificial intelligence infrastructure and conduct transactions in various markets.
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According to people familiar with the matter, Jane Street is negotiating a private equity loan deal with a group of investors. The deal would restructure the company's $11 billion debt and reduce the scope of its disclosure of financial information to market participants. People familiar with the matter said that the market making giant, which had trading revenue of 39.6 billion US dollars last year, is in talks with Pimco and many other companies on debt refinancing matters to transfer debt from the open market to a private equity instrument. One of the people familiar with the matter said that the total amount of the transaction may be as high as 15 billion US dollars and carried out in the form of private equity. It is expected that the terms will be finalized in the next few days, but details may still change. The deal will provide Jane Street with financial flexibility to invest in private companies and artificial intelligence infrastructure and conduct transactions in various markets.
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