Bond Markets Are Flooded With Deals to Fund M&A
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Demand has grown so fervent for corporate bonds that investors are once again willing to finance big mergers and acquisitions — something they hesitated to do for much of last year.
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Published Feb 24, 2024 • 5 minute read
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(Bloomberg) — Demand has grown so fervent for corporate bonds that investors are once again willing to finance big mergers and acquisitions — something they hesitated to do for much of last year.
In just the past two weeks, about $50 billion of bonds have been sold to help finance acquisitions and spinoffs. The deluge, which included notes tied to AbbVie Inc., Bristol Myers Squibb Co. and Cisco Systems Inc., marks a steep surge in M&A financing after the slowest year for dealmaking in a decade.
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Bloomberg News
2024-02-24 15:35:47
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