US market easily swallows AbbVie’s $14.7bn monster

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US market easily swallows AbbVie’s $14.7bn monster

A new megalith was plonked down on the US bond landscape on Monday when AbbVie, the branded pharmaceuticals business being spun off by Abbott Laboratories, sold a $14.7bn six-tranche deal that in some observers’ eyes was the biggest US corporate issue ever.

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