Hi Grade bonds: Actavis Eyes Up To 9 tranches For Allergan M&A Play |
March 04, 2015 | March 2015 Bond Updates |
After placing more than $9 billion of equity instruments last week, Actavis this morning formally announced its much-anticipated blockbuster offering of senior unsecured notes backing its $66 billion acquisition of Allergan. The deal is on track to become one of the largest on record, after the company previously signaled intentions for $22 billion of senior unsecured debt financing to accompany the recent common and mandatory convertible share deals. |
View more at: http://www.forbes.com/sites/spleverage/2015/03/02/hi-grade-bonds-actavis-eyes-up-to-9-tranches-for-allergan-ma-play/ |
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