News Formal

Companies rush to US bond market as Trump rally cuts borrowing costs

  • 📰 ftenergy
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this week

Corporate borrowers are rushing to tap the US bond market, taking advantage of “eye-poppingly” buoyant conditions after Donald Trump’s election victory. Companies including heavy machinery maker Caterpillar, biopharma company Gilead Sciences and investment bank Goldman Sachs have raised more than $50bn this week, according to LSEG data.

“Spreads are at these eye-poppingly tight levels,” said one senior debt banker, adding that low borrowing premiums were spurring many companies to “pull forward” bond issuance they had planned for early next year. Banks, which typically move fastest to take advantage of tighter spreads, have featured heavily in this week’s borrowing spree.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Which Oil Companies Stand to Benefit Most From a Trump PresidencyThe best performers in the energy sector will be the companies with the biggest US reserves, which makes EOG and ConocoPhillips strong candidates
Källa: OilandEnergy - 🏆 34. / 68 Läs mer »