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United Technologies $9.8 bln offering leads sales; junk bond issuance drops.
$9.8 bln offering would be largest U.S. corporate bond sale since 2009.
Short-term corporate borrowing in U.S. hits highest level this year.
Information provided to analysts prior to IPO involves gray area in Reg FD.
ERP company will acquire cloud computing applications in $4.3 bln deal.