Bayer Said to Secure $63 Billion in Financing for Bid

Bayer is planning a takeover of Monsanto, backed by five major banks pledging $12.5 billion each as bridge loans. This financial support allows Bayer to increase its offer from $122 to $155 per share, raising the deal's valuation above what China paid for Syngenta. Despite concerns about Federal Reserve rate hikes, companies like Bayer can still access finance due to their good credit. This deal would be the largest in German history, creating the world's biggest farm and seed company. The valuation is based on a forecasted EBITDA for Monsanto, raising questions about its appropriateness.

What concerns are mentioned regarding Federal Reserve rate hikes in relation to the banks' willingness to lend?

What would the Bayer and Monsanto deal signify in terms of its historical context in Germany?