EU HEALTHCARE: Stryker (SYK: Baa1 pos / BBB+): Issuance potential
Jan-24 16:30
- Stryker reports on the 28th.
- The recent Inari $4.9bn acquisition should close in the first quarter
- We are likely to see issuance soon for this deal particularly with results out of the way.
- Currently, Stryker $ is marginally tighter on a XCCY basis but there is little to choose between the two currencies.
- The last two times Stryker issued, they did dual-currency transactions.
- EUR issuance is possible but not definite
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