A group of banks led by J. P Morgan Chase plans to sell approximately $2 billion in debt from software developer Qualtrics, Bloomberg reports. It is expected that the securities will be offered to investors at a price of approximately 85 cents on the dollar with a coupon of at least 8%. That would be one of the biggest discounts in the US high-yield bond market this year. The underwriters are forced to agree to such terms after the placement was suspended in the spring due to a sell-off in the technology sector.