Patience pays off as Stryker hits the target with range of tenors

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Patience pays off as Stryker hits the target with range of tenors

Stryker HQ
A logo sign outside of a facility occupied by the Stryker Corporation in San Jose, California on January 23, 2016. Photo by Kristoffer Tripplaar | Kris Tripplaar/SIPA USA/PA Images

US medical technology company Stryker had to wait longer than it planned for its debut in the European corporate bond market, but when the chance to launch the deal came on Tuesday, it achieved the hat-trick of tranches it was aiming for with an extra one added for good measure.

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