Corporates cash in before volatility resumes, AT&T storms home, Disney sets coupon lows
High-grade US corporates displayed their nimbleness this week in exploiting a more positive market tone as big deals returned, before volatility forced borrowers to postpone funding plans.
AT&T kicked the week off on a positive note as it took home $5bn in what was the biggest investment grade dollar deal since May 25, when Hewlett-Packard tapped the market for a similar amount.
The telecoms company proved that demand remained strong for well known, high quality issuers,
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