JPM goes solo with $8.5bn Merck
JP Morgan has solely underwritten an $8.5bn loan to back US drugs group Merck’s $41bn takeover of Schering-Plough. The deal, which will be launched imminently, pays between 237.5bp and 275bp out of the box. Find out full details of the structure later today at euroweek.com/loans.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts