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Offer came as markets recovered and volatility fell
Abbott Laboratories plundered $20bn as it led a trio of drug companies which printed jumbo bonds as a deluge of supply in the dollar market ensured a red-hot end to the month.
Eight banks provided loan facility to company
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United Utilities, Edenred and Kraft Heinz follow pair of jumbos
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Both trades get covered in about 10 minutes
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J&J’s rare 30 year tranche grows to €1bn
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Corporate borrowers shrugged off fears over inflation and concerns over tariffs to print tight trades and pay for acquisitions
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Fairfax sells Eurobank block and new flotation appears in Oman