Merck Issues $8 Billion of Longer Term, Low Coupon Debt -- To Pay Off Cubist Related Commercial Paper

Here is the SEC filing.

This is the foundational financial structure that will support the Cubist franchises -- now at Kenilworth -- on a go forward basis.

And these are great rates, and spreads.

Well done Mr. Davis. A better graphic now later today shall appears. I'm out.