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Independent hybrid REIT $HCP said in 4Q15 it raised $600MM of senior unsecured notes at a 4% coupon. The proceeds were used to refinance a $500MM bond maturity last week, representing 36% of the company's 2016 total maturities and to pay down on the revolver. During 2015, $HCP raised $2.3Bil of debt at a blended rate of 3.5%.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?