Exemplifying banks' evolving position in corporate finance, Bankers Trust New York Corp. has won a strikingly broad role in funding an acquisition in the supermarket industry.

Bankers Trust is sharing the lead with Chase Manhattan Corp. on an $850 million loan to Smith's Food and Drug Centers, and is helping underwrite $50 million of preferred shares and $650 million in high-yield bonds.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.