Investment grade and levloans - news in brief, May 23, 2014

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By Michael Turner
22 May 2014

Bayer - Gemini - Grafton - QSC - Lemminkäinen - Ion Trading - Saga

INVESTMENT GRADE


Bayer's $14.2bn syndication launches to warm reception

Syndication has launched on $14.2bn of debt to back German chemicals and pharmaceuticals firm Bayer's purchase of Merck's consumer care business.

The deal is split between a $12.2bn bridge to bond and a $2bn four year term loan.

Bayer's bridge ...

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