By Matt Tracy (Reuters) - U.S. junk-rated companies are using a more favorable debt issuance window this year to extend billions of dollars of ...
By Matt Tracy - U.S. junk-rated companies are using a more favorable debt issuance window this year to extend billions of dollars of short-term liabilities. But they were doing so at a highLee's impacts to be felt as the storm tracks into Atlantic Canada this weekend | SaltWire - U.S. junk-rated companies are using a more favorable debt issuance window this year to extend billions of dollars of short-term liabilities.
Junk bond issuance has spiked in recent months on the back of strong demand after a broad rally in risk assets and increasing optimism on growth. Through August-end, 129 junk-rated borrowers raised $111 billion issuing new bonds. Ninety of these borrowers used the money raised to refinance, the report noted.
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