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Syndicated LoansInvestment Grade Loans

Bayer fires up loan market with $14.2bn takeover as M&A boom gathers pace

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A long-awaited new wave of mergers and acquisitions is set to buoy the struggling European syndicated loan market, senior bankers said this week after the emergence of a jumbo bridge loan to finance Bayer’s $14.2bn acquisition of Merck & Co’s customer care business. Michael Turner reports.

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