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Headline: Convertible makes for $5 billion party Source: Euromoney Date: February 2001 Author: Antony Currie Issuer: Tyco Amount: $3.45 billionBookrunner: Merrill Lynch f anyone is wondering just how Merrill Lynch managed to outperform its peers in investment banking in the last three months of 2000, then a quick look at the activities of the firm’s convertibles department on November 14 might shed some light. The quarter was a good one for convertibles in general, but on that day Merrill priced 10% of the year’s entire supply. |
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