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M&A could be much needed shot in the arm but dollars expected to dominate
Deal includes $1bn 3.75 year term loan
The German pharmaceutical wholesaler was upgraded to BBB- by S&P last month
US drug company Eli Lilly jolted the dollar market awake on Wednesday with an eight-part jumbo trade to fund two recent acquisitions
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The strong market conditions are tempting cash rich issuers -
Three borrowers head to euros to fund M&A activity
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US corporate bond market jumping with deals despite inflation shock on Tuesday
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Share sale achieved a tight discount of 2.3%
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IPO volumes on the London Stock Exchange fell to levels not seen since the global financial crisis levels in 2023
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MDs in Germany join after 17 senior hires in the US over 16 months
