US Companies Storm Debt Markets After Risk Premiums Plunge
- Citi, Goldman among 13 firms selling investment-grade debt
- Junk-bond market features four borrowers as uncertainty fades
This article is for subscribers only.
Companies of all stripes are diving into the debt market on Tuesday, taking advantage of robust demand and relatively favorable borrowing costs.
Banks including Citi, Goldman Sachs, HSBC and BNP Paribas are among 13 firms selling investment-grade bonds Tuesday. That marks the busiest day for high-grade deals since Sept. 4, which featured 19 transactions, according to data compiled by Bloomberg.