Market Currents
Companies are not only exploiting rock-bottom interest rates to issue more debt, but are also...
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Tuesday, October 9, 2012, 6:02 AM ETCompanies are not only exploiting rock-bottom interest rates to issue more debt, but are also taking advantage by offering long-term paper. Companies have sold $91.9B of 30-year bonds in 166 deals this year, up from $73.2B in 145 offerings in 2011 and the most in any full year since 1995. Those feasting include GE, Comcast (CMCSA) and UPS.
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