Sales of corporate bonds in the
U.S. reached an all-time high this month, with phone companies
Verizon Communications Inc. (VZ) and Sprint Corp. (S) leading offerings
of about $193.7 billion.
Verizon issued $49 billion on Sept. 11 in the biggest
corporate bond deal ever while Overland Park, Kansas-based
Sprint raised $6.5 billion on Sept. 4 in the largest high-yield
sale since 2008, according to data compiled by Bloomberg.
Offerings broke the previous monthly record of $177.3 billion
set in September 2012.Read More:
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