Banks lap up big tickets as Merck’s $15.6bn syndicated loan closes
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Syndicated Loans

Banks lap up big tickets as Merck’s $15.6bn syndicated loan closes

Merck KGaA 230x150

The syndication of German pharmaceutical company Merck’s $15.6bn of loans for its acquisition of US life sciences firm Sigma-Aldrich has closed oversubscribed, with banks eager to accept a large portion of the bridge facilities.

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