Companies pile into hot dollar market

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By David Rothnie
03 Dec 2020

The dollar bond market is wide open for companies to take advantage of strong demand and a rally in spreads, boosting hopes for a busy end to a record year for investment grade issuance.

Conditions are so good that borrowers are bringing forward 2021 funding plans.

“There is more supply than many expected there would be at this stage of the year and that speaks to the stability of the market," said Dan Botoff, head of US investment grade syndicate at RBC Capital ...

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