Monday, September 10, 2012

U.S. Corporate Issuers Rush to Sell Bonds




 --Fourteen companies on path to sell a combined $13.6bln of high-grade bonds

--Issuers rushing to sell bonds ahead of unpredictable events later this week

--Walgreens leads market with five-part, multi-billion dollar deal

The corporate-bond market is making a run at the busiest session of the year, with 14 companies planning to sell at least $13.6 billion of high-grade debt Monday.  The 2012 volume record for a single day is $16.9 billion, set March 5, according to data provider Dealogic. The record number of deals is 13, also from March 5….

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