Synchrony prints debut blow-out as IG demand holds strong

By David Rothnie
07 Aug 2014

Any fears about the strength of demand for investment grade US FIG paper were banished when GE-offshoot Synchrony Financial made a scintillating debut this week.

Synchrony, the consumer credit card business spun off by General Electric this month, racked up $17.4bn of orders for its increased $3.6bn offering, its inaugural deal as a standalone credit.

Synchrony is using the proceeds ...

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