Highlights
- The credit boom intensified again yesterday despite a plethora of macro worries
- The fourth-largest corporate bond deal ever received a staggering amount of bids
- Other issuers termed out their debt, which is an unusual event on the day of a
jumbo deal - Credit investors are willing to fund even more buybacks, mergers and LBOs as the
chances of a near-term and intermediate-term financial disaster shrink
Sign up to access the rest of this content!
This content is not available to free users. Sign up for a paid account to access the rest of this content.