Lowe’s rides high on the US stimulus rollercoaster

By David Rothnie
08 Oct 2020

Companies continued to find willing buyers in the US bond market this week, even as equity markets seesawed over the prospects of further economic stimulus.

Issuance was quite subdued, due to earnings blackouts, but 14 companies still raised almost $17bn between Monday and Wednesday. Deals were well received. 

On Thursday Federal Realty Investment Trust was the only issuer in the market, as it added to the flurry of green bond issuance with an offering ...

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