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Shire to roadshow benchmark US dollar bond Sept 12-15: Source

Reuters - UK Focus

By Hillary Flynn

NEW YORK, Sept 7 (IFR) - Drugmaker Shire Plc will start marketing a benchmark US dollar bond early next week, according to a note sent to investors seen by IFR.

Bank of America Merrill Lynch, Barclays (LSE: BARC.L - news) and Morgan Stanley (Xetra: 885836 - news) are arranging the fixed-income investor meetings, which will be held in the US and London between September 12-15, according to the note.

Bank of America (Swiss: BAC.SW - news) is acting as logistics coordinator on the roadshow.

Shire (Xetra: S7E.DE - news) announced earlier this year that it had agreed to buy Baxalta International Inc in a US$32bn cash and stock offer. (Reporting by Hillary Flynn; Editing by Paul Kilby and Shankar Ramakrishnan)