Bankers line up billions in debt as M&A pipeline builds

摘要

Bankers are preparing debt packages to back the next batch of M&A in the pipeline after a number of event-driven financings that kicked the year off to a strong start wrapped up, leaving a void that needs to be filled. Processes are underway for mega deals, including US-based cosmetics maker coty, which is selling a US$7bn professional hair and nail care products unit, and thyssenkrupp's €15bn prized elevator division. Other potential processes include a €3bn sale