AndronETalksNews
Yahoo News Finance – Bloomberg
By Brian Smith and Josyana Joshua
Pfizer Inc. sold $31 billion of debt in the fourth-largest US bond sale ever, according to a person with knowledge of the matter.
The pharmaceutical giant raked in over $85 billion in orders for the eight part investment-grade deal, which will finance its purchase of Seagen Inc. Pfizer and its bankers were forced to modify terms of the deal on the fly Tuesday after the US sued to block a separate multibillion-dollar debt-funded acquisition by Amgen Inc.
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