Moscow. December 10. American Visa Inc., the operator of the world’s largest payment system, has raised $16 billion through the placement of bonds, which was the fourth largest in the U.S. in 2015, reports Bloomberg.
Visa intends to use the raised funds to Finance the acquisition of Visa Europe Ltd. over 21.2 billion Euro. The company placed six bond, the maturity of the “long” of which is 30 years.
The total sale of the securities is second only to the three placements conducted by U.S. companies this year. So, Actavis raised $21 billion through the placement of bonds to Finance the deal to buy Allergan Inc., AT&T – $17.5 billion to acquire DirectTV, and AbbVie – $16.6 billion to buy Pharmacyclics Inc.
In total, American companies with investment ratings, this year issued bonds at a record $1.28 billion, taking advantage of low interest rates.
The Federal reserve may raise the base rate for the first time since 2006 at the meeting of 15-16 December.
Visa announced the acquisition of Visa Europe in November this year. The deal would consolidate all international Visa transactions within a single Corporation and will become a record in the history of the American band.