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United Kingdom

Eleanor Duncan

Merlin at risk of being further junked

04 Jul 2019

LONDON (IFR) - Moody's threatened to push Merlin Entertainment further into junk on Thursday, saying the company's Ba2 rating is at risk from an expected increase in leverage from its £5.91bn buyout.

Borrowers branch out

14 Sep 2018

LONDON (IFR) - Blue-chip corporates including Nestle are seeking to diversify their funding to avoid exposure to individual market risks.

Broadcom's bond spreads blow out after surprise CA bid

12 Jul 2018

NEW YORK (IFR) - Broadcom bondholders were left rattled Thursday after the chipmaker announced a surprise US$18.9bn (£14.3 billion) bid to buy U.S. business software company CA.

M&A bond binge fans debt worries

22 Jun 2018

NEW YORK (IFR) - When Campbell Soup came to the investment-grade bond market in March with a $5.3 billion deal to finance its acquisition of Snyder's-Lance, investor response was lukewarm.

Comcast prepares financing for 21st Century Fox buy

14 Jun 2018

NEW YORK (IFR) - Comcast says it has "Highly Confident Letters" from Bank of America Merrill Lynch and Wells Fargo for its US$65bn 21st Century Fox bid.

AT&T legal win could spur another jumbo bond; more M&As

13 Jun 2018

NEW YORK (IFR) - AT&T's court victory on Tuesday will likely mean the company will have to return to the bond market to fund its $85 billion (63.7 billion pounds) acquisition of Time Warner, investors told IFR.

AT&T legal win could spur another jumbo bond; more M&As

13 Jun 2018

NEW YORK (IFR) - AT&T's court victory on Tuesday will likely mean the company will have to return to the bond market to fund its US$85bn acquisition of Time Warner, investors told IFR.

Bond investors lukewarm on call to delay data

12 Apr 2018

By Eleanor Duncan, Joy Wiltermuth, Davide Scigliuzzo and Shankar Ramakrishnan

Investors pile into CVS $40 billion M&A bond

06 Mar 2018

NEW YORK (IFR) - Strong investor demand for CVS Health's US$40bn M&A bond gave a shot of confidence to the US high-grade bond market Tuesday after a recent bout of volatility in the usually rock solid asset class.

Banks can 'do what they want' in leveraged lending: Otting

28 Feb 2018

LAS VEGAS (IFR) - Banks have the "right" to do the leveraged lending they want as long as it does not impair their "safety and soundness," Joseph Otting, Comptroller of the Currency, said on Tuesday.

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