The scramble is on to lead the estimated $10 billion to $15 billion financing for Walt Disney Co.'s purchase of Capital Cities/ABC Inc.

"Anybody who believes they have a shot at leading this deal will move aggressively to bid for it," said one bank syndicator. "My guess is that people are sending blind commitments to the company today."

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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