Actavis prints $3.7bn blockbuster as M&A pipeline arrives

By David Rothnie
12 Jun 2014

The US new issuance market continued at a blistering pace as more than $19bn of high grade deals were printed across corporate and FIG sectors in the first two days of the week.

Investors craved investment grade paper as Actavis and Johnson Controls tapped the dollar market with long-awaited acquisition financing trades.

“Volatility is right down, and the Treasury is trading within a 5bp-10bp range, we are in ...

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