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‘Crazy’ August Debt Binge Brings 48 Corporate Deals in 48 Hours – Moneyweb

Full Article: MoneyWeb

Thirty investment-grade rated borrowers priced new deals on Monday and Tuesday, the most for any two-day period since last September, according to data compiled by Bloomberg. In junk bond land, 11 issuers marketed bonds, while at least six launched leveraged loan sales, according to the Bloomberg-compiled data. Taken together, the market absorbed almost 48 transactions in the first two days of the week.

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