Merck scores 100% hit rate

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Merck scores 100% hit rate

Every one of the banks invited to join the remaining portion of Merck’s Eu4.2bn acquisition facility did so as lenders jump at the chance to own new paper. The German borrower has sold down just over Eu1bn of a three year facility to back the acquisition of Millipore in a deal that will be signed next week. To find out more about this deal and what else is on in the market this week, read EuroWeek this Friday.

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