Verizon, Comcast get August off to a flyer

Verizon Indycar
By Nigel Owen
03 Aug 2017

The dollar market got off to a busy start in August with US telecoms heavyweights Verizon and Comcast taking home a combined $5.5bn on the back of strong demand.

Oil pipeline company Kinder Morgan added to supply on Thursday with a $1.2bn two-part offering of 5.5 year notes, launching a $1bn fixed rate tranche at 140bp over US Treasuries and adding a $250m floater, which came at 128bp over Libor.

The sprightly start fed into a strong ...

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