Pre-migration untagged articles
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US semiconductor group Freescale this week raised a book of $20bn dollars for its $5.95bn high yield deal — the biggest speculative grade transaction for 17 years.
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Investors began to show signs of fatigue this week when they were hit with more than $25bn of supply in the high grade market, on top of last week's onslaught.
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US semiconductor group Freescale this week raised a book of $20bn dollars for its $5.95bn high yield deal ¡ª the biggest speculative grade transaction for 17 years. The bond, which has priced yesterday (Thursday), is the second biggest ever issued to finance a leveraged buy-out (LBO) and comes just a week after US hospitals operator HCA issued a deal worth $5.7bn.