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Solventum wraps roadshow ahead of multi-tranche benchmark bond offer
By Marisa Wong and Cristal Cody
Los Angeles, Feb. 22 – Solventum Corp. will wrap a two-day round of fixed-income investor calls and roadshow on Thursday ahead of an expected multi-tranche benchmark bond offering, according to a market source.
BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are the arrangers.
On Wednesday, the St. Paul-based conglomerate 3M announced it set April 1 as the effective date of its planned spinoff of its Solventum health care business.
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