Synchrony prints debut blow-out as IG demand holds strong
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 ...Already a subscriber? Login