UPDATE 1-LPC: Abbott's US$17.2bn loan backing St. Jude acq. set to boost M&A volume
April 28, 2016 at 14:43 PM EDT
NEW YORK, April 28 (Reuters) - A US$17.2bn bridge loan that backs Abbott Laboratories' US$25bn acquisition of medical device maker St. Jude Medical will boost investment grade loan volume that so far this year has been depressed by volatility in equities and global economic uncertainty.