Abbott Labs (ABT -0.3%) is attempting to secure debt facilities of $14.5B to refinance existing...

|About: Abbott Laboratories (ABT)|By:, SA News Editor

Abbott Labs (ABT -0.3%) is attempting to secure debt facilities of $14.5B to refinance existing debt and to smooth its separation into two listed companies, Reuters reports. Leading the deal, which will be the biggest loan package this year so far, are Merrill Lynch (BAC), Barclays (BCS), JP Morgan (JPM) and Morgan Stanley (MS).