Companies Big and Small Lose Access to Credit Amid Bank Stress

📆 3/24/2023 3:15 PM
📰 WSJ

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No companies with investment-grade credit ratings sold new bonds over the seven business days from March 9 through March 17, the first week in March without a new high-grade bond sale since 2013

collapse of Silicon Valley Bank, according to PitchBook LCD.

The market for new junk-bond sales has largely stalled this month, and no companies have gone public on the New York Stock Exchange in more than two weeks.

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