Global Market Jitters Push Some Companies to Pause Debt Sales

Some companies are putting debt offerings on hold after tensions between the US and Europe over Greenland and a selloff in Japanese bonds unnerved global markets.

At least three borrowers in Europe opted to stand down, followed by at least six investment-grade and junk borrowers in the US, according to people familiar with the matter. The US leveraged loan market saw only six issuers on what’s effectively the week’s first day of business, a fraction of last Monday’s tally of 24 deals.