JPMorgan to Sell $1.85 Billion Debt for Belden's Ruckus Buyout

Key facts

• JPMorgan Chase & Co. is selling $1.85 billion in debt financing.
• The debt is for Belden's acquisition of Ruckus Network.

JPMorgan Chase & Co. is preparing to sell a $1.85 billion debt financing package that will back Belden's acquisition of Ruckus Network. The deal marks a significant financing arrangement for the technology sector.