Wednesday, June 20, 2012

AbbVie details

Abbott markets $14.5 billion for spinoff

By Michelle Sierra

NEW YORK | Wed Jun 20, 2012 9:03pm BST

(Reuters) - Details have emerged on the structure of the $14.5 billion financing package that backs Abbott Laboratories' (ABT.N) separation into two publicly traded companies, sources told Thomson Reuters LPC.

The facility includes a $7.5 billion bridge led by administrative agent Morgan Stanley, a $5 billion revolver led by administrative agent JP Morgan and a $2 billion revolver led by administrative agent BAML.

http://uk.reuters.com/article/2012/06/20/us-abbott-package-idUKBRE85J1EP20120620?rpc=401&feedType=RSS&feedName=americasDealsNews&rpc=401

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