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United Technologies Corp. Launches $9.8 Billion Corp Bond Sale-Reuters
Reuters reported the pricing of a bond offering of almost $10 billion from United Technologies Corp. Up to $38 billion of orders were placed with underwriters on the deal, according to market sources. The six-part deal was split into fixed-rate tranches of three, five, 10 and 30 year maturities, as well as 18 month and three year floating rate pieces. Bank of America Merrill Lynch, HSBC, JP Morgan, BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs and RBS were joint books on the UTX deal.
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