Becton, Dickinson uses rating-sensitive bridge for Bard takeover
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Becton, Dickinson uses rating-sensitive bridge for Bard takeover

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Becton, Dickinson and Co, the US medical devices group, has obtained a $15.7bn bridge loan for its $24bn buyout of CR Bard, a rival in the same industry. The margin will depend on whether BD can hold on to its credit ratings.

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