TRLPC: Term loans rising in US high-grade acquisition financing
October 30, 2015 at 13:59 PM EDT
NEW YORK, Oct 30 (Reuters) - The use of term loans to finance acquisitions by highly-rated US companies is rising amid a late surge of M&A activity in the fourth quarter as companies such as drug retailer Walgreens Boots Alliance opt for more medium-term financing to give greater flexibility around when to tap volatile bond markets.