“Companies will probably sell $280 billion of investment-grade corporate debt in 2016 to fund acquisitions globally, up from a record $258 billion last year, according to an estimate from Barclays Plc which excludes financial companies. After the beer deal, some of the year’s biggest debt offerings could come from Dell Inc., Anthem Inc. or Newell Rubbermaid Inc. to fund recently announced buyouts. The flood of issuance could push up borrowing costs for companies that are issuing debt to finance takeovers. Other companies could also see their borrowing costs rise, as investors sell their current holdings to make room for new, higher-yielding bonds that are hitting the market.”
Related posts:
India's third biggest gold fund reopens to investors
U.S. Supreme Court declines to review NSA phone spying case
Electronic Updatable License Plates Could Flash "STOLEN" Or "UNINSURED"
Austria Says Banks at Risk From Sanctions on Russia
Douglas Engelbart, inventor of computer mouse, dies at 88
Start-Ups Fill Void Left by Spain’s 26% Unemployment Rate
Republicans Move Convention Delegate Vote To Time With No TV Coverage To Hide Ron Paul
23 Petty Crimes That Land People in Prison for Life Without Parole
Congress starts looking into Bitcoin
Spanish "Robin Hood" Mayor Loots Supermarkets, Banks
Protesters block another Google bus, plan march against evictions
Digital River may buy into Bitcoin
Police need warrants to track cell-phone data, N.J. Supreme Court rules
European envoy meets with Egyptian ex-president Morsi
Hong Kong Brokers Drive Cabs as Competition Forces Locals Out [2013]