Glaxo drinks deep with $9bn bond as US brims with cash

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Glaxo drinks deep with $9bn bond as US brims with cash

It was another $30bn week in the all-guns-blazing US investment grade bond market, but the clear star of the show was the $9bn four tranche offering for UK pharmaceutical firm GlaxoSmithKline, which pulled a staggering $17.8bn of orders.

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