Pfizer lines up huge $45b bond offering, one of the biggest on record
Pfizer is in the US high-grade bond market with a jumbo offering that’s lining up to be one of the largest ever sold.
The pharmaceutical giant is selling debt in eight parts, according to a person familiar with the matter, to help fund its purchase of Seagen. The longest portion of the deal, a 40-year bond, is expected to yield 1.8 percentage points over Treasuries, said the person, who asked not to be identified as the transaction is private.
Bloomberg
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