In the latest sign that companies are rushing to issue debt at low rates, U.S. marketed investment-grade corporate bond issuance this year surpassed $1 trillion this week, according to data released by Dealogic Thursday. That's the fastest pace of debt issuance year-to-date, putting high-grade corporate bonds on track for a record year in new sales. The only two other years in which issuance passed $1 trillion were 2009 and 2012. The record pace of issuance in 2013 was helped along by a $49 billion offering from Verizon Communications Inc Inc. in September, the largest ever.
Source: Marketwatch
Source: Marketwatch
