Massive Debt-Fueled Deals, From Warner to Electronic Arts, Are Back on Wall Street

The megadeal is back and so is Wall Street’s immense appetite for debt.

Paramount’s

hostile bid for Warner Bros. Discovery

WBD

4.49%

increase; green up pointing triangle this week, the leveraged buyout of gaming company Electronic Arts earlier this year and other recent debt-laden transactions have all been possible thanks to a spike in lending by banks and even some private-credit funds.