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Ancestry, Dunkin’ buyout loans lead debt sale surge

Bloomberg Leveraged loans funding acquisitions of Ancestry.com Inc and Dunkin’ Brands Group Inc are marketing, as private equity firms dash to lock in cheap financing before the holiday season kicks off. There are at least 13 loans for over $9.1 billion due over the next five sessions, with about 80% funding either buyouts or dividend payouts. That includes Inspire Brands ...

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J&J starts phase III vaccine trial in UK

Bloomberg A coronavirus vaccine from a unit of Johnson & Johnson was expected to move to the third phase of clinical trials in the UK on Monday that will test safety and effectiveness of the shot. The testing round by Janssen Pharmaceutical Companies will include 6,000 volunteers and take place across 17 sites, according to a statement. The vaccine is ...

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Global stocks climb towards record; greenback retreats

Bloomberg European stocks followed Asian shares and US futures higher on Monday, buoyed by positive sentiment on trade and signs of opposition to a national American lockdown. The dollar fell. The Stoxx Europe 600 opened higher, with Vodafone Group Plc shares climbing after the firm beat estimates and said it expects sales to recover from a first half dominated by ...

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