BAML blockbuster smashes US FIG record

By Graham Bippart
27 Mar 2014

Bank of America Merrill Lynch came up with the perfect riposte following a week of regulatory scrutiny as it printed the biggest deal of the year from a financial borrower.

BAML plundered the market on Thursday with a $7.6bn blockbuster that propelled US FIG issuance to its biggest ever first quarter at $153bn, and its second biggest quarter on record.

Bank of America Corporation, rated Baa2/A-, announced the four part SEC-registered offering a day after squeezing through ...

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