Merck gives Europe first taste of M&A bonds
German pharmaceuticals company Merck launched its highly-anticipated bond issue on Wednesday, the first M&A related deal to hit Europe this year. The bond, led by Bank of America Merrill Lynch, BNP Paribas and Commerzbank, will have maturities of two, five and 10 years. Eyes are also on Brazilian mining champion Vale’s first venture in euros in what is turning out to be another bumper week for the market. Read all the reaction to these deals in EuroWeek on Friday.
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