Verizon deal a model for M&A financing

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Verizon deal a model for M&A financing

Most of the $61bn bridge loan backing Verizon Communication’s buyout of Vodafone’s stake in its wireless business only existed for just over a week before it was taken out in the bond market. But the deal stands as an example of the flexibility and liquidity of the loan product for financing acquisitions, bankers said this week.

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