Having been prevented from issuing bonds early this week because of Hurricane Sandy, companies...
Having been prevented from issuing bonds early this week because of Hurricane Sandy, companies jumped into the market with a vengeance yesterday, raising almost $12B worth of debt. BP (BP) with a $3B deal and GD (GD) with $2.4B led the way, although AbbVie - soon to be spun off from Abbott Labs (ABT) - delayed a $10B offering until next week.
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