Glaxo goes head to head with UTC and both come out winners

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Glaxo goes head to head with UTC and both come out winners

Petr Sagan

Two A rated corporates went head to head in the euro corporate bond market on Monday as UK pharmaceuticals giant GlaxoSmithKline and US electrical systems manufacturer United Technologies Corp both launched triple-tranche deals, with two matching maturities involved in the €4.5bn of bonds.

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