ESP – USA Corporate Debt Issuance On Pace for Record Year, David Giordano

Excellent discussion on U.S. corporate debt by David Giodano, Director Fixed Income, S&P Dow Jones Indices, “U.S. corporations continue to take advantage of the accommodative conditions created by a protracted period of low interest rates and strong market participant demand. As of Oct. 1, 2017, U.S. investment-grade corporate debt issuance surpassed USD 1 trillion—three weeks ahead of 2016’s pace. Additionally, the amount of speculative-grade corporate debt issued through the first three quarters of 2017 is 17% higher than it was after the first three quarters of 2016. Combined, U.S. corporate issuance is on pace for another record year, which would mark the sixth consecutive year of increased corporate debt issuance.”

U.S. Corporate Debt Issuance on Pace for Record Year

Posted by Steven Albrecht