Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Institutional Investors Want to Snag Corporate Debt  Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, September 13, 2013

Institutional Investors Want to Snag Corporate Debt

News summary by MFWire's editors

Verizon surprised the bond world when it sold $49 billion of investment-grade corporate debt at once, making it the largest deal of its kind, The New York Times Dealbook's David Gelles reports. This fueled the fire that more companies might take advantage of the debt market before interest rates begin to move up, Gelles writes.

Gelles interviewed Kathy Jones, fixed-income strategist at Charles Schwab [profile] , whom he quotes as saying, "We're starting to see the animal spirits pick up again…Usually, once it gets going, it doesn't let up."

Verizon's deal presents an opportunity to institutional investors looking to lock in good returns, Gelles writes. Gelles interviewed Kevin Giddis, head of fixed-income sales, trading and research at Raymond James, whom he quoted as saying, "Investors continue to sit on a lot of cash…As investors look around with all the cash they have, 5 percent in recent memory doesn't look that bad."

To read more, click here.  

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use