Cardinal fires June to healthy market start

Fireworks
By David Rothnie
01 Jun 2017

A trio of benchmark issuers hit the dollar market on Thursday to ensure June got off to a brisk start as investors remained in risk-on mode in a holiday shortened week.

Cardinal Healthcare led the charge with a $5.2bn six-part deal, Disney took to the stage with a benchmark offering while Caterpillar Financial services targeted the short end of the curve with a three part deal. 

“It’s a strong start to the month and we’re expecting more supply next week ...

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