Fluor to Deutsche Telekom Sell Euro Bonds Amid Draghi Stimulus
- Sales hit 6 billion euros as foreign issuers return to market
- Investment-grade borrowing costs fall to lowest since June
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Companies from both sides of the Atlantic sold 6 billion euros ($6.7 billion) of bonds, capitalizing on Mario Draghi’s latest stimulus boost.
U.S. engineering and construction firm Fluor Corp. was among highly rated companies that issued notes Monday, according to data compiled by Bloomberg. Deutsche Telekom AG sold its first euro bonds in almost three years and Fomento Economico Mexicano SAB also priced debt, the data show.